How Do I Find Affordable Health Insurance With No Medical Checkup?

While “affordable health insurance” may sound like a myth, it actually does exist.  There a number of health insurance products that are available without a medical checkup that are also affordable.

First Step to Affordable Health Insurance

First, let’s address why an insurer would want to conduct a medical checkup.  By determining pre-existing conditions or risk factors, the insurer can charge you a higher premium to protect themselves against future risk and loss.  Without a medical checkup, the insurer must rely on one of two things – honesty on the written application or a standard rate across the board, regardless of your medical condition or history.  When an insurer gives a standard rate, this is called “group health rate” because it is theorized that for every person that is extra risky, there are other people that are less risky, and that risk will “even out” in the end.

Get Health Insurance With No Medical Checkup

Affordable health insurance with no medical checkup is something that can be purchased.  One option you have is to purchase a high-deductible plan that essentially only covers catastrophic medical care such as a ruptured spleen or broken bone.  For young, healthy individuals, this may be a wise option.  The premiums are very low.  However, the benefits are also low and do not cover things such as doctor visits or diagnostic tests.

Another option is to become part of a “group plan.”  In most states, insurance that is offered through an employer (even if only 2 people work for the organization) counts as “group plan” insurance and does not require a medical checkup for enrollment and full benefits.  Many states also offer large “group plan” insurance that individuals can buy in to without a medical checkup.  Check with your state’s Department of Health and Human Services.

Finally, remember that with impending health insurance reform, more and more states will be likely to offer a group rate plan in the future without the need for a medical checkup.

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