In short, a health insurance policy is an agreement that is signed by the individual and the insurance company and covers a certain amount of money for him or her during a certain time period. It can be obtained from the insurance company on monthly basis or annually.
There are many insurance companies that offer health insurance policies. It can be purchased directly from them or through an agent. The insurance company provides a list of approved health insurance agents, who are already approved by them, who are available at particular points in time, such as through phonebooks.
Many of the insurance companies offer supplemental medical insurance, which is offered to the members of the company if they have health conditions such as high cholesterol, type-II diabetes, heart disease, asthma, or some other existing diseases.
Although there are many conditions that are eligible to be covered, in most cases it is insurance companies themselves who come up with the list of diseases and who approve the health insurance agents, who are on their list, or those who are denied. There are many health insurance companies that require the health insurance agents to submit the applications with full details of the candidate such as full name, age, date of birth, address, phone number, social security number, occupation, and company, etc. The insurance company also requires the application to be signed by the candidate and the agent to ensure that the agreement is signed by the candidate.
The agents are made responsible to take care of the candidate as per the agreement and the agent is liable to follow up with the candidate whenever required. If you use an agent who has not been approved by the insurance company, do not be in a hurry to sign the agreement. It is recommended that you should check with your insurance company first to confirm the approved health insurance agents.
You should be careful in selecting a company because some of the companies may require you to have referrals from certain people and they may insist on referrals from certain people such as your doctor. If you are not careful to avoid this you may be denied by your insurance company. Therefore the most essential thing is that you should keep a check on the insurance company list and should look for the approved and approved health insurance agents who are approved by the insurance company.