Pre--Existing Condition Insurance Plan

The Pre-Existing Condition Insurance Plan (PCIP) is a new program offered in every state under the Affordable Care Act. It can be administered by either states or the Federal government. The PCIP may be able to help you if you've been locked out of the insurance market while the nation transitions to 2014. In 2014, you will have access to affordable health insurance choices through a new organization in your state called an Exchange -- a time when you can no longer be discriminated against based on a pre-existing condition. CA also offers another High Risk Pool (HRP) plan for people with pre-existing conditions who have been refused coverage by a private insurance company.

You may qualify for this new health coverage option if you have been uninsured for at least six months, you have a pre-existing condition, and you have been denied coverage (or offered insurance without coverage of the pre-existing condition) by a private insurance company.

PCIP covers major-medical and prescription drug expenses. You're responsible for paying premium, deductible, copayments, and coinsurance amounts. PCIP won't cost you more just because of your medical condition. PCIP isn't based on income eligibility like Medicaid.

Contact Michael Marks Insurance Agency today to learn more!