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October 23, 2002 at 08:00 PM
NU Online News Service, Oct. 23, 12:19 p.m. – The Health Insurance Association of America, Washington, says that its recent survey of insurance companies actively marketing individual medical policies shows that a large majority of people who lack employer-sponsored health insurance can easily obtain affordable coverage from an individual policy.
Even in states that allow insurers to consider the applicants’ health, nearly nine out of every 10 properly completed applications for individual health insurance result in an offer of coverage, HIAA says.
Seventy one percent of completed applications for an individual policy resulted in an offer of full coverage at standard rates, while an additional 22% received offers of insurance with limits on the coverage, or at higher than standard premiums, or both, the association says.
Fewer than 12% of all completed applications submitted to the companies surveyed were declined because of health reasons, the association says.
