Medical Underwriting – Understanding Medical Underwriting
Medical underwriting refers to the process in which insurance companies use health or medical information to make decisions about your health insurance coverage, including your premiums and whether to offer you coverage at all. While insurance companies believes that the use of underwriting keeps premium rates low, it is also a controversial practice that is not allowed in some states. This may be true, but nevertheless, this process affects a number of people who are subsequently denied health insurance due to their pre-existing medical conditions.