Need Delaware Health Insurance Quotes?

Purchasing health insurance in Delaware is an important matter and as such, it deserves significant thought and consideration. Several factors may affect your decision regarding the type and amount of health insurance that you choose to purchase. Regulations regarding health insurance vary from one state to the next. Be sure to consider the following facts, when considering the purchase of Delaware health insurance.

Unlike other states, Delaware does not have a health insurance risk pool. To comply with federal guidelines, state law mandates private health insurance companies offer coverage to people who have high-risk health conditions. Insurers are only required to offer two policies to these high-risk individuals. Costs for these policies are much more expensive than policies offered to healthy people.

Most people participate in large group health plans sponsored by their employers. Small employers can apply for group health plans also and companies cannot deny coverage; however, higher premiums can be charged if a group member has a high-risk health condition. The state limits the amount that companies charge for these high-risk people, but premiums can still be significantly higher than groups whose participants are healthy.

Group plans must limit exclusions on preexisting health conditions like Asthma. Waiting periods are credited by having continuous prior health insurance coverage with another company.

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