Finding a Low Cost Life Insurance without Medical Exam There is a growing trend of people looking for life insurance with no medical exam. It means many people on this day want to get the coverage from their life insurance without have to undergo any medical exam, which is not only people will be very uncomfortable with, but also because it will slow down the process of getting the coverage for weeks. It seems like that this trend will not slow down, although it is very obvious that the life insurance without medical exam requires people to pay higher rates than the traditional life insurance. The main reason why people take this kind of life insurance is convenience. There is no need to wait for weeks just to get covered and there is no need to visit the doctor to undergo the medical exam. With no medical exam, people will enjoy the convenience of having life insurance faster and easier. …show more content…
The answer is yes, and the first thing that people should do is to find more information about this type of life insurance. There are several types of life insurance with no medical exam where some still require people to answer several health-related questions while other will not ask any question at all. The one who does not require people to answer any health question is the one with the highest rates. People with serious health risk and still want to get coverage from life insurance policy usually choose life insurance that asks no medical question at all, while some people who are in general good health could opt for other types of life insurance with no medical exam that still require them to answer several questions. This is much more affordable, and although it still more expensive than the traditional one, the difference is not too
There are advantages to purchasing universal life insurance because it is cheaper than whole life insurance. Universal also offers adjustable premiums and cou...
Health insurance comes as second nature to many of us. We grab that blue and white card and put it in our wallet and forget about it until we are sick or injured. When this happens, there it is, cushioning our fall like the extra padding it provided to cushion our wallets. This is not the case with everyone, however. Many Americans have no cushion to fall back on, no blue and white card to show the emergency room when they have an unexpected health concern. No HMO with a convenient co-pay amount when their son or daughter develops an ear infection.
Have you ever went without health insurance between jobs, or while working part time or because you just couldn?t afford it? No having health insurance is a big risk in a time where medical costs are sky high, Prescription drug prices are outrageous and when your paying your family doctor $50 for a office visit. Fifty dollars represents a full 8 hours of work for many Americans.
A lot of people that go without preventative care treatment would most likely prevent them from suffering later down the road. Seventy percent of uninsured men who are the correct age for prostate cancer screening don’t have these tests done. Is it such a wonder why they don’t do this? Maybe it is because there isn’t any insurance to cover these tests. Also, forty six percent of all uninsured women who are the correct age for mammograms don’t have them. It’s such a shame that these people go without these, which in the end could detect diseases and prevent it all before they get sicker. (Sullivan) Consequently, people who are uninsured die earlier than those who are insured. They simply...
Ans 1) To mandate the insurance or not is a big question to be answered and still there are a lot of problems associated with mandating the Health Insurance in United States. A lot of views have been given by people regarding whether there is need of mandating the Health Insurance or not.
Insuring health is a big commodity, and it is not the easiest task to choose the right plan. One must have an understanding insurance terms and what insuring health costs. One must know who can help with financial coverage and how the relationship works between the insurer and member. Finally, one must have assurance that the protection will last into old age.
Health insurance and health outcomes are closely associated. If the same uninsured individual instead has continuous health insurance, he or she will not be at risk for premature death and will have better health outcome (Marwick 2002). Uninsured people report that they are in poorer health than people with health insurance. Low levels of self-reported health status are a powerful predictor of future illness and premature death (Bailey 2009).
As I begin to prepare for medical school interviews this upcoming fall, I have spent time briefly learning about the various healthcare systems of a few different countries. The book “The Healing of America” by T.R. Reid describes how insurance plans work around the world, and often compares these systems to the United States. While I have not finished the book yet, and the healthcare plan is always seems to be changing, it becomes hard to fully understand the system in the United States. In addition to understanding health insurance for my future interviews and career in the medical field, it was very beneficial to learn about my own insurance plan in the case of any emergency or choosing my own provider in the next few years.
Insurance is a factor in the health of Americans. Most companies are required to offer insur...
The Lack of health insurance coverage is most often the result of a combination of things. These factors include employment status, financial conditions and even health problems.(Feldman 2012) These three things can been seen as reasons why coverage can be difficult to obtain. In most states, insurers may deny applicants for coverage completely. They often try to impose either a permanent or temporary existing condition that puts limitation on your coverage. some may even charge a higher premium based on your health status your occupation, and other personal characteristics . (Institute 2009) .For those people who consider themselves as self-employed who want to buy their own private health insurance, can be twice as expensive as that that is being offered through employers. (Feldman 2012)
This is because insurance companies can reject people who have pre-existing conditions that would make them expensive to insure. A universal system would ensure that everyone can receive medical care regardless of pre-existing conditions. As a result, more people could look for preventive services, such as annual check-ups, to maintain good health and detect problems early. Even for insured persons, co-payments and insurance premiums are too high
Health insurance facilitates entry into the health care system. Uninsured people are less likely to receive medical care and more likely to have poor health. Many Americans are foregoing medical care because they cannot afford it, or are struggling to pay their medical bills. “Adults in the US are more likely to go without health care due to cost” (Schoen, Osborn, Squires, Doty, & Pierson, 2010) Many of the currently uninsured or underinsured are forced accept inferior plans with large out-of-pocket costs, or are not be able to afford coverage offered by private health insurers. This lack of adequate coverage makes it difficult for people to get the health care they need and can have a particularly serious impact on a person's health and stability.
Mahatma Gandhi once stated, “It is health that is real wealth and not pieces of gold and silver.” Our health is one of the most precious gifts, as we are given only one body. If there is not adequate coverage to keep our only body healthy, then we are not able to live our fullest lives. In order to live our most vivacious lives, then we all deserve to have adequate insurance coverage to keep our bodies in optimum condition. When someone goes to the emergency room for a cut that needs to be sewn up and they have insurance, then they simply produce an insurance card, may pay a copay of around fifty dollars and then receive the care that they need.
Also unlike in the U.S., the system eliminates insurance intermediaries who have no incentive to be a patient’s advocate. There are no third-party insurers and payers who do not always have the patient’s best interests on either price or
For some consumers, buying health insurance is the only health coverage option. However, some of them may still be an option to save money.