Cheap health insurance coverage represents a lure for the 40+ millions United States citizens living without coverage. A comprehensive analysis shows that while these Illinois health plans promise to deliver, they exclude the coverage needed to cover a medical emergency situation or even pre-authorization. In reality, the consumer pays more in the end for the outrageously, cheap health insurance quote.
A small business owner of Elgin Illinois, who operated a snowplow business, a heart attack left him financially devastated. Despite his cheap health insurance coverage, unbeknownst to him – the company was a sham. A bogus health insurance company commandeered the premiums, which he paid for more than two-years.
In Elgin, Illinois, Harry Dale ran a thriving landscaping business, when he had a heart attack. After recovery, his insurance company was nowhere to be found to pay the hospital bills. Long about collection time, the insurance policy that he bought two years ago was worthless.
The cheap health insurance coverage is a growing epidemic. From Illinois to the other 49 states, the medical fraud conundrum represents financial devastation. For the unsuspecting consumer, the cheap health insurance coverage wears several disguises: the faith-based policy (affiliated with one’s church), the discount medical card and even the dreaded disease health plan. In each case, these policies are typically scams.
The worst scenario is when the policyholder is hospitalized or diagnosed with a chronic illness. Not only are these consumers left with mounting medical bills, but they are no longer eligible for another policy because, they are now labeled with a “pre-existing health condition,” uninsurable by many health insurance providers.
Fortunately, there are two tactics to prevent being the next victim of Illinois health insurance fraud.
1. As due diligence is necessary, be sure to conduct your own background check, researching the health insurance company. Call the State of Illinois Attorney General’s office to confirm that the company holds a current license and does not have any reports or complaints. If your investigation determines that the health insurance company is not licensed or if the agency alleges that they are exempt from adhering to regulatory guidelines, it is an indication to continue shopping for another policy.
2. Obtain a quote from a legitimate insurance agent. Although a reputable insurance broker won’t offer cheap health insurance coverage in Illinois, you’ll have the peace of mind that your medical bills will be paid if any unforeseen health crisis occurs.
