Top 11 Things Health insurance companies Look At When You Apply

Millions of us now have health insurance under Affordable care act or Obamacare but health insurance is often confusing for new people who wants to enroll or the members who are already enrolled in health care plans but are not familiar with the terms of insurance. So before buying insurance, here are some of the facts you have to know which the insurance companies are looking at:

• Medical history:  past and current medical conditions such as diabetes, depression, will play a bigger role in determining your policy cost.

• Tobacco use: Tobacco and nicotine users will pay 4 times more on average for their policy.

• Body type: your height/weight plays a big role in the policy cost. Being just a few pounds overweight can mean paying 25% more.

• Blood Pressure: High blood pressure, hypertension is a common cause for higher premiums.

• Cholesterol: Make sure this is under control. High levels or Chol/HDl ratios mean high premiums.

• Family History: It hardly seems fair, but the presence of cancer and heart problems in your family could impact your policy.

• Hazardous activities: If you are fond of Scuba diving, rock climbing, racing cars, then these could all cause you to pay a little more.

• Foreign Travel: Travel to countries considered dangerous will result in higher premiums or even a declined application.

• Income: It is surprising but you must qualify financially for the amount of term life insurance amount of term life insurance you want.

• Driving Record: Easy on the gas, Mario, multiple moving violations mean you will pay more. A DWI/DUI means you’ll pay a lot more.

• Citizenship: U.S. citizen living in the U.S.? No problem. Living abroad? That will depend on the country. Foreign nationals will need a valid Visa.

 Things to Do Before Buying Health Insurance:   

• Be sure to disclose all medical conditions on the application.

• Gather all physician contact information and medical history notes you may have.

• Discuss your situation with your agent and ask her/him to shop for the best company.

• Visit health insurance marketplace where you can shop, compare and enroll in affordable health insurance plans over a variety of plans from different health insurance companies.