Guaranteed Health Insurance means that if you apply for health insurance you can not be turned down because of any medical issues or pre-existing conditions. Prior to January 1, 2014 if you applied for individual health insurance, in most states, you were medically underwritten and could be turned down, declined, or rates up 50-100% over the standard rates.
Guarantee issue means all insurance carriers must accept you.
Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, Nevada
Guaranteed health insurance means that you could not be declined for coverage due to any pre-existing medical conditions or other health-related issues. Under the Affordable Care Act, insurance companies can no longer decline you for medical reasons - meaning every health insurance policy is guaranteed issue for health-related reasons. You must still pay your premiums as your normally would.
Prior to the ACA, insurance companies could medically underwrite you and charge you a higher rate, decline you, or have a pre-existing condition waiting period if you had a certain medical history.
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Guarantee issue means all insurance carriers must accept you.
Prior to the ACA, insurance companies could medically underwrite you and charge you a higher rate, decline you, or have a pre-existing condition waiting period if you had a certain medical history.