Do premiums decrease for someone whose health improves?

[Spin]

Let's say someone has type 2 diabetes and changes their lifestyle, lowers their weight, blood pressure, etc and is now healthier. Can they keep their coverage and have their premiums lowered?

 

[Tahoe Ray]

Let's say someone has type 2 diabetes and changes their lifestyle, lowers their weight, blood pressure, etc and is now healthier. Can they keep their coverage and have their premiums lowered?

You have to go through the underwriting process again so normally those folks just get rewritten.

 

[WinoBlues]

Also, their premium does not increase if their health gets worse and the insurer can not cancel them for the same.

 

[Life Hawk]

Let's say someone has type 2 diabetes and changes their lifestyle, lowers their weight, blood pressure, etc and is now healthier. Can they keep their coverage and have their premiums lowered?

Good try though... fits well with your name!

 

[scagnt83]

You can often get tobacco surcharges dropped if they do an oral swab and satisfy the time period for not smoking.

 

[rousemark]

Let's say someone has type 2 diabetes and changes their lifestyle, lowers their weight, blood pressure, etc and is now healthier. Can they keep their coverage and have their premiums lowered?

If the policy was rated for health, you can apply for removal of the rating without having to rewrite the original policy.

 

[Allen Trent]

Some extra surcharges for being worse than a standard risk can be considered for removal. However, people already standard generally can't get it modified to any better without full inderwiting to a new policy at new age.

 

[goillini52]

You can often get tobacco surcharges dropped if they do an anal swab and satisfy the time period for not smoking.

Ouch!!!

 

[Allen Trent]

Ouch!!!

Better get more than the charges dropped for that, maybe get your entire premium rebated......but then you will need a cigarette after the swab & have your rates increased. It is like a complete full circle jerk

 

[WinoBlues]

Better get more than the charges dropped for that, maybe get your entire premium rebated......but then you will need a cigarette after the swab & have your rates increased. It is like a complete full circle jerk

And being the pivot man.