Health Insurance FAQ
Health Insurance FAQ
I am an experienced, professional agent who has saved my clients over $1,000,000 in health insurance premiums collectively since 2007. I am also a small business owner and purchaser of health and life insurance for myself so anything I recommend comes from the experience of both myself and my clients. I'm pleased to say that there have been no complaints filed with any State Department of Insurance about my services and I get many referrals from clients because of the way I represent them. answered by Mike Golden, Owner, Healthbrokerone.com
Which companies do you represent?
All of the top health insurance companies in each of our licensed states. In Florida we represent Blue Cross Blue Shield, United Healthcare, Humana, Aetna, Assurant Health, Cigna, Coventry, and Avmed. answered by Mike Golden, Owner, HealthBrokerOne.com
No, there are no fees. All health insurance rates are the same for any plan whether you go to the company directly or work with us. Rates are very different, though, from company to company, we save our clients money by shopping the rates in each local area, they change frequently because insurance companies introduce new plans to replace old ones and never advertise these changes. It would take a consumer at least 10 hours to research each company and do the right comparison, we can do that for you in less than 15 minutes and recommend the company most likely to approve you with no change in the quoted rate. answered by Mike Golden, Owner, HealthBrokerOne.com
No, we recommend plans that are comprehensive major medical plans with unlimited lifetime benefits. They are fully compliant with the Healthcare Reform Act, which means they also offer free wellness and preventive care benefits. We do offer several plans that have very lenient or no Underwriting requirements but these are only mentioned if a client has a serious pre-existing condition that prevents any of our primary companies from an approval and we fully disclose all of the limitations for these plans before proceeding. answered by Mike Golden, Owner, HealthBrokerOne.com
What about pre-existing conditions?
Each company has different rules and guidelines, we will recommend the company(s) that are most likely to approve you with no pre-existing condition limitations. Over 80% of our clients are approved with no limitations, the industry average (I think) is about 50%-that’s because I am an expert at field underwriting. answered by Mike Golden, Owner, HealthBrokerOne.com
All of our plans have very large PPO networks, there are no referrals needed. We always check to make sure your doctors are in network before making a recommendation. answered by Mike Golden, Owner, HealthBrokerOne.com
Is a Medical Exam needed in order to apply?
No medical exams are needed, everything is done electronically and takes from 2 days to 3 weeks depending on the insurance company (Blue Cross is slow, Humana and United Healthcare are much faster than average). answered by Mike Golden, Owner, HealthBrokerOne.com
Is payment required with the application? I don't want to pay for this until I am approved
There is no payment required to apply, each company requires that you submit payment information so they can charge you when you are approved. Some insurance companies will not process a payment if any changes are made to the rate or if there is an exclusion rider; others will process the payment and allow you to cancel or reject the coverage for a full refund. I always recommend making your first payment with a credit card, if possible, so that any cancellation and refund happens within the same billing cycle.
Additionally, every policy comes with a 10 day Free Look so you if you decide not to take the coverage you will get a full refund. I have processed hundreds of applications since 2007 and obtaining a full, prompt refund when coverage is not taken has never been an issue. answered by Mike Golden, Owner, HealthBrokerOne.com