Things To Know About The Waiting Period In Your Health Insurance

​If you have been looking for health insurance, the chances are that the waiting period was one of your biggest concerns. You might also be wondering what it is and why every person needs to sign up at least a few months before they want benefits from their plan. Wonder no more, here are the things you need to know about the waiting period for your health insurance.

Cooling Period 
The cooling period starts at least thirty days after the date of purchase. During this time, you are not authorized to make a demand from the insurer for hospitalization, whether scheduled or unplanned. 

Pre-Existing Diseases 
If you have a pre-existing sickness, you must wait for the stipulated waiting time before you may claim any benefits. For some other diseases, the waiting period can be up for years.

Specific Diseases 
Various conditions, such as cancer, hernias, and osteoporosis, need long-term care, the expense of which is carried by the health insurance provider if a policy is acquired. The waiting time might range from one to two years for specific diseases. But it can differ from the insurer as well.

Maternity 
Many health insurance policies provide maternity benefits as standard or as an add-on. This waiting time in medical coverage often ranges from one to four years. During this time, you cannot obtain maturity benefits.
 
Health Checkups 
The insurers who provide these services have a one-year waiting period. It implies that you may only use this benefit in the second year of your coverage. 

COVID-19 Coverage 
Some people purchase COVID health insurance coverage to ensure that they will not face any financial hardship if they get the virus. Typically the average wait time might be up to 30 days.

Conclusion
Due to various unethical activities to obtain insurance benefits, the necessity for a waiting time in health insurance has grown. Thus get health insurance as early as possible to get the most out of your coverage. 

At Roper Insurance Services, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (828) 697-6709. You can also request a free quote by CLICKING HERE. The coverage discussed is not guaranteed. Please contact our agents to make sure you have adequate coverage and your needs are being met. We are happy to help!