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Old 01-01-2010, 09:51 PM   #21
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Originally Posted by oliverdickens View Post
This may seem a very dumb question, but we currently both are in a guaranteed, no underwriting required, group retiree health plan from my previous employer that has life time benefit at only $1mm. Cost for both of us is $650/mo and goes up about 10% every year.

Are there any companies out there that offer a reasonable secondary supplemental policy that would cover us if, heaven forbid, we passed the $1mm life time benefit?

We are 57/60 and are healthy.

Have never seen this and doubt it exists, but thought I would ask the experts

Thanks
Not for full major medical. Are you both not in good health? What state are you in?
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Old 01-01-2010, 10:05 PM   #22
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We are in oklahoma.

Guess it depends on the definition of good health, ours or the insurance underwriters.

I take cholesteral medicine, am normal weight, but have been told I would not be covered because I tend to have high blood pressue readings at doctors, don't know why as it is in the 130/85 range normally. I currently need choloscopy every 3 years due to one find of benine polyop. Spend about $3/month for the meds, that is it

Wife always is on edge with weight/height ratio and takes cholesteral and HP medicines, thus gets hit with three strike rule. Also takes thyroid so been told she is uninsurable. Again, cost of meds are less than $10/month and have no other expenses.

So we feel heathly, have little issues, but have been told underwriters will get us for items mentioned above, so don't bother.


So in a nutshell, take the guaranteed coverage and live with it as it is no hassle getting, etc.

Thanks
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Old 01-01-2010, 10:12 PM   #23
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Moderators: This is a great thread, but it belongs in the health forum so people looking for this information can find it easilly.

You could always move to NJ. It is a community rating state and you cannot be denied insurance. If you have continuous coverage, you can't be denied coverage for pre-existing conditions either. On the other hand, NJ has higher income and property taxes.
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Old 01-01-2010, 10:22 PM   #24
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Moderators: This is a great thread, but it belongs in the health forum so people looking for this information can find it easilly.
Agreed, and moved.
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Old 01-01-2010, 10:37 PM   #25
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Originally Posted by oliverdickens View Post
We are in oklahoma.

Guess it depends on the definition of good health, ours or the insurance underwriters.

I take cholesteral medicine, am normal weight, but have been told I would not be covered because I tend to have high blood pressue readings at doctors, don't know why as it is in the 130/85 range normally. I currently need choloscopy every 3 years due to one find of benine polyop. Spend about $3/month for the meds, that is it

Wife always is on edge with weight/height ratio and takes cholesteral and HP medicines, thus gets hit with three strike rule. Also takes thyroid so been told she is uninsurable. Again, cost of meds are less than $10/month and have no other expenses.

So we feel heathly, have little issues, but have been told underwriters will get us for items mentioned above, so don't bother.


So in a nutshell, take the guaranteed coverage and live with it as it is no hassle getting, etc.

Thanks
Depending on your wife's height/weight and your actual BP reading averages over the past year, you might be able to qualify individually. By the time you get done paying the rate increases that would be assigned, the information you got is probably right.....I don't know what rates are like in Oklahoma, but you might be better off just keeping what you have even though the lifetime maximum is low. Depends how much you are comfortable spending and what kind of benefits your current policy has. Have you talked to an independent broker who represents multiple major companies, or just talked to people that directly work for each insurance company?
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Old 01-02-2010, 07:28 AM   #26
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Quote:
Originally Posted by oliverdickens View Post
We are in oklahoma.

Guess it depends on the definition of good health, ours or the insurance underwriters.

I take cholesteral medicine, am normal weight, but have been told I would not be covered because I tend to have high blood pressue readings at doctors, don't know why as it is in the 130/85 range normally. I currently need choloscopy every 3 years due to one find of benine polyop. Spend about $3/month for the meds, that is it

Wife always is on edge with weight/height ratio and takes cholesteral and HP medicines, thus gets hit with three strike rule. Also takes thyroid so been told she is uninsurable. Again, cost of meds are less than $10/month and have no other expenses.

So we feel heathly, have little issues, but have been told underwriters will get us for items mentioned above, so don't bother.
I would bother, it doesn't cost you anything to apply.
I'm in the same boat regarding thyroid, I'm curious, who told
you she in uninsurable? Again I would make the effort to apply,
separately.
TJ
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Old 01-02-2010, 11:01 AM   #27
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Yes, we worked with an independent broker as well as talked with likes of BC/BS and Atnea.

All said I was marginal due to one or two higher BP readings and fact of 3 yr colonoscopy and wife was uninsurable.

Thus lucky to have fall back of retiree insurance even though it has a low life time benefit with high deduct and no coverage for doctor visits etc.

Hopefully, if we stay healthy, our premiums will be a monthly expense that buys nothing.

Thanks
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Old 01-02-2010, 06:24 PM   #28
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I would bother, it doesn't cost you anything to apply.
I'm in the same boat regarding thyroid, I'm curious, who told
you she in uninsurable? Again I would make the effort to apply,
separately.
TJ

Also wondering about the thyroid / uninsurable combination.
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Old 01-11-2010, 11:10 AM   #29
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For your wife, check out the Georgetown university guide on health insurance, it will talk about HIPAA options if she is uninsurable. Health Insurance and Coverage Help for Consumers Everywhere

You might also check for the rest of you Health Insurance - Affordable Health Insurance Quotes, Individual Health Insurance for initial quotes. The final price may be higher after you are underwritten.
Thank you Martha
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