Pre-existing Conditions
How Nomad Insurance handles pre-existing medical conditions
Pre-existing Conditions Coverage
Understanding how international insurance plans handle pre-existing conditions is crucial when selecting the right policy. This guide explains how Nomad Insurance can help you navigate these considerations.
What Is a Pre-existing Condition?
A pre-existing condition is generally defined as any medical condition that was:
- Diagnosed
- Treated
- Medication prescribed for
- Exhibited symptoms of
- Required medical advice for
Before the effective date of your insurance policy. The specific definition can vary by insurance provider.
Coverage Options for Pre-existing Conditions
Full Coverage
Some comprehensive global health insurance plans offer full coverage for pre-existing conditions after a waiting period (typically 1-2 years).
Partial Coverage
Some plans may offer:
- Coverage with a higher premium
- Coverage with specific limitations
- Coverage with a special deductible for the condition
Exclusion
The most common approach is to exclude specific pre-existing conditions from coverage while covering all new conditions.
Case-by-Case Underwriting
Many providers review pre-existing conditions on a case-by-case basis and may:
- Fully cover stable, minor conditions
- Exclude serious or unstable conditions
- Offer coverage after a condition-specific waiting period
Provider Approaches
Different insurance providers handle pre-existing conditions differently:
| Provider | Approach to Pre-existing Conditions |
|---|---|
| Allianz | Condition-specific waiting periods for certain conditions |
| Cigna | Case-by-case evaluation with exclusion riders |
| GeoBlue | Creditable coverage recognition from previous insurance |
| IMG | Tiered waiting periods based on condition stability |
| VUMI | Full coverage options available after waiting periods |
Disclosing Pre-existing Conditions
It’s essential to fully disclose all pre-existing conditions when applying for insurance. Failure to disclose can result in:
- Claim denials
- Policy cancellations
- Retroactive premium adjustments
Special Considerations
Chronic Conditions
Long-term conditions like diabetes, hypertension, or asthma typically require special consideration and may be:
- Excluded from coverage
- Covered with limitations
- Covered with additional premium
Recent Treatment
Conditions treated shortly before applying (typically within the last 2-5 years) are more likely to face coverage limitations.
Controlled vs. Uncontrolled Conditions
Well-controlled conditions with stable treatment have better chances of coverage than recently diagnosed or fluctuating conditions.
How We Can Help
Our brokers specialize in helping clients with pre-existing conditions find the most favorable coverage options.
Schedule a Consultation
Discuss your specific health situation with a licensed broker who can help find the best coverage options