Is it better to be un-insured?

[insureparents]

My mom has the Inbound Immigrant plan. Her first and only claim was denied because of the pre-existing condition provision. The physician's billing office told us that if she were un-insured, she could get a self-pay discount of 40%. However, because she has insurance, even if the insurance does not cover anything, she is not eligible for the self-pay discount and is required to pay the full bill.

The logic of the medical system is not clear, but we have to deal with it. Hopefully my mom's experience is useful for your decisions.

May your families be well!

[insubuy]

Please note that new immigrant insurance plans are not meant to cover anything and everything that may happen to them. However, it does not mean that the person should be uninsured. Even though you may be worried about pre-existing conditions, you never know what kind of new medical conditions, injuries or accidents that you may run into that occur after the effective date of the policy.

Therefore, it is always advisable to buy the insurance.

[insureparents]

Actually that's not true. Even in the most optimistic scenario, when the treatment is definitely covered by an insurance policy, if the self-pay discount is greater than the insurance limit minus insurance premium, one is better off being un-insured. This is especially relevant for the elderly, as the maximum limit is lower and medical bill could be higher (higher likelihood of complications). Add this to medical bills from illnesses that may be considered pre-existing conditions...

It is more advisable for consumers to know the cost and benefits of insurance policies.

Please note that new immigrant insurance plans are not meant to cover anything and everything that may happen to them. However, it does not mean that the person should be uninsured. Even though you may be worried about pre-existing conditions, you never know what kind of new medical conditions, injuries or accidents that you may run into that occur after the effective date of the policy.

Therefore, it is always advisable to buy the insurance.

[insubuy]

It is certainly your decision whether you would like to purchase the insurance or not.

Please note that Inbound Immigrant is a fixed coverage plan and pays a fixed amount for each and every procedure.

However, depending upon the age and the state of the new immigrant, there are comprehensive coverage plans that pay much higher and cost more money. Therefore, we always recommend everyone to always comprehensive coverage plans and never the fixed coverage plans.