Yes, under Romney’s plan, pre-existing conditions are covered, PROVIDED that you had health insurance in the first place.
Thus, if you have a significant condition and change insurance companies, the new insurance agency must cover you.
I believe it’s called “continuance”. Many states already require this for people who switch employers.
This differs from Obama’s plan, where you do not need to have insurance in the first place. Under Obama’s plan, people will not need to get insurance UNTIL they have a serious health issue. The result is that insurance companies will quickly go out of business.
Great explanation. Thanks!
Car insurance companies are effectively the same. You will find it very difficult to get car insurance if you don't already have it.
The problem lies with how the insurance company quotes your premium, and I don't know the details in Obamacare, or what would be RomneyCare. Are they required to offer you the same premium they would offer to someone without a pre-existing condition?
To use the car insurance analogy: if I have an at-fault accident on my record, a new car insurance company isn't likely to offer me coverage for a reasonable premium. However, my existing insurance company is probably going to jack up my premium, too.
How does this work with health insurance? If I become seriously ill with a chronic condition, can they increase my premium?
“insuring” a pre-existing condition isn’t insurance.
“insuring” a pre-existing condition isn’t insurance.
Thank you for clarifying kidd. That makes sense. I am relieved Romneycare did not have Obama’s definition of pre-existing coverage...which is insane.