Medical Coverage for High-Risk Individuals Earns Praise
October 2010
Michigan health insurance recently became more available to high risk patients, for many of them just in the nick of time. As of October 1st, 2010, medical coverage for men and women with pre-existing conditions has become available through a high-risk pool established by the Healthcare Bill, signed last March.
The plan is open to any adult ages 19 to 64 years old who has been rejected for Michigan health insurance in the past, and it will accept the first 3,500 applicants.
Legally insurance companies can deny
medical coverage to individuals with pre-existing health conditions until the year 2014, when the Healthcare Bill will make it illegal to do so. High risk insurance is very difficult to come by, and far too expensive for most people to pay for.
However, a stipulation of the recently passed bill included the creation of such
high risk insurance pools to offer coverage to the sickest of Americans at more affordable rates. However, like all forms of medical coverage on the market right now, there is a sliding scale based on age and on condition of health.
Facts on:
Michigan Health Insurance
Did you know...
As of October 1st high risk medical coverage is available to state citizens?
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For example, while Michigan health insurance would likely have been unavailable at all for someone with cancer aged 60 to 64 years old, it can be purchased for around $600 per month through the high risk pool. Prices range from around $180 per month to the previously mentioned amount based on age and the severity of the illness that needs to be treated.
Sadly, many sick men and women still won't be able to afford coverage at these costs. For them federally run programs already in existence, including Medicaid and some forms of Medicare, could be of help.
Each state also offers its own form of state-funded coverage for those who can't afford it. However, those who fall in the "middle," or who make too much for state funded care but are too sick to find coverage on the regular insurance market, may find that such high risk pools are worth every penny when it comes to getting treatment for life-threatening conditions.
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