Unbiased Analysis of Today's Healthcare Issues

Why do insurance companies reject applicants rather than just raise their premiums?

As of 2011, in 45 out of 51 States (including DC) insurers can choose not to provide applicants with insurance coverage.  Requiring insurers to offer coverage to all individuals is known in insurance lingo as “guaranteed issue.” One question is why don’t insurance companies just charge high-risk individuals higher premiums?  Why would they want to […]

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