Florida Insurance Regulations
As an insured individual in Florida you have some rights that
need to be protected. The right to receive quality insurance
coverage from the private insurance provider you choose. But
as with everything in life, there are always people out there
trying to take advantage of certain situations. The best way
to prevent mistreatment is to be educated about your options.
In the State of Florida, insurance companies are not required
to provide standardized insurance policies to their customers.
The coverage you receive is dependent upon the services you
select at the time of initiating your policy with the company.
Under HIPPA law, you cannot be discriminated against because
of a pre-existing condition as long as you meet the criteria
for creditable coverage. However, the insurance company has
the right to set an exclusionary period for pre-existing conditions.
The state of Florida has set the period up to five years for
pre-existing conditions in the state. Check with the company’s
pre-existing policy before joining a plan. Being denied coverage
for something you did not was pre-existing can lead to large
medical bills that will be solely your responsibility.
Pre-existing conditions are not the only thing that you can
be denied coverage for. Existing health problems are a factor
for refusal of coverage under some plans. If you currently have
any health care problems, that can be a cause for denial. However,
these restrictions fall under the individual health plan system.
If you seek insurance on your own, these restrictions are viable.
If you receive health care coverage from an employer, you must
receive full coverage under that plan. That is one way insurance
laws protect you.
Another protection under the law of Florida is that once you
have coverage it cannot be cancelled because of your age or
the state of your health. If you got really sick and needed
on-going care, your insurance provider could not drop you because
you simply got to expensive to carry on their plan. Once you
have coverage you cannot lose your coverage because you are
sick. Your premiums may go up, but they can never be cancelled.
When looking for an individual insurance plan, make sure you
review all of these issues with your prospective providers to
make sure you receive the type of coverage you want.