Health Insurance coverage when moving out of state.?
Question:
I'm currently covered under a group HSA through my employer but work for a small company under 10 people so I will not be covered under COBRA. I know that Wisconsin has state continuance insurance when you leave a job but it is not portable to another state. To make things more difficult I'm Type I Diabetic so I know getting individual coverage is near impossible.
There seems to be some kind of protection under HIPPA law, but I'm unable to find where to go to find a quote and assure coverage before I leave - I don't want to be caught with the dreaded 63+ days break in insurance coverage and find that I can't get myself covered again or have to wait for pre-existing clauses and not be able to cover my diabetes care.
Any direction of where to go next would be appreciated.
Answer:
HIPPA laws state you are guaranteed coverage but the premium can be 3 to 4 times the "normal" premium. The only way to get it is to apply. You will need to contact an independent agent in Nevada. This person will know the companies that are available in your new state and will be able to assist you in getting on a plan.
You will need to contact your current carrier and get a "letter of credible coverage" which you will present to the new company. The new company will have to underwrite you so as to establish a proper premium so make sure you have all information regarding past doctor visits, such as what was done and name, address and phone number of current doctors. You should also get a copy of your medical records for the past three years to take to your new doctor in Nevada and also to give to the new insurance company.
www.healthcoveragetoday.com/Br...
http://www.healthcoveragetoday.com/broch...
www.carefirst.com/brokers/atta...
http://www.carefirst.com/brokers/attachm...
www.aba.com/NR/rdonlyres/7AC37...
http://www.aba.com/nr/rdonlyres/7ac37aae...
These sites explain the new HIPAA expansion laws regarding HSA's and coverage continuation when you move out of State.
They may still offer you cobra - they just aren't REQUIRED to. I'd check with your employer to see if they will.
www.teamcorp.com/tc4486
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