A medical condition that a person has before becoming covered by a new health insurance plan. Insurers can refuse to cover people for preexisting conditions. Often there is a waiting period before insurance becomes effective, which may allow preexisting conditions to be discovered. Typically this situation is bypassed in the case of a job change; preexisting conditions are not an issue because the employer’s plan is obligated to cover employees whether they have a preexisting condition or not.
Preexisting-condition Sentence Examples
If a preexisting condition is not revealed to the provider and then the insured person seeks out medical care resulting in an insurance claim, the provider has every right to deny payment.
If a preexisting condition exists and was not disclosed, an insurance company has the right to refuse to pay the medical bills associated with the condition and immediately terminate the policy.
Similarly to health insurance, life insurance rates go up when mention is made of a preexisting condition.
Or, you may be denied insurance or offered an expensive policy if you have a preexisting condition.
Guaranteed issue health insurance is a product available to people who are not able to get coverage under a standard individual health insurance policy due to a preexisting condition.