The type of conditional receipt under which coverage begins when approved by the insurer is?

Answer 1

If you've had health issues previously and the medical insurance company feels the chances are great that many more claims will be forthcoming from you, they can do one of several things...1) Not cover you under any circumstances, 2) Agree to cover you, but add an "exclusionary rider" to your policy that spells out what diagnosis and/or procedure codes that will never be covered during the life of your policy, 3) issue a waiting period before they will begin considering those particular claims (that's called a pre-existing clause), or 4) agree to cover you but charge you a higher premium because you are considered more of a risk. Of course, this is all regulated to a certain extent by each state's Dept of Insurance, and if you're being covered by an individual or group plan, or if a certain amount of time has passed since you were last covered, or if it's a group plan being offered by a new employer and you don't sign up for the insurance when you first become eligible for it, that insurance company can begin imposing all these restrictions on you as if it were an individual plan.