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NAMIC Insurance Agency can provide benefit choices for:
- Single employee firms
- Students no longer eligible for coverage as a dependant
- Indemnification for the sponsor or fiduciary as a result of a groundless or real suit
- COBRA participants looking to extend coverage
This allows you to choose a plan to fit your needs from the insurance company of your choice. Benefits and availability of insurance are dependant on your state of residence.
Please contact NAMIC Insurance Agency for a benefit proposal
Phone: 800-336-2642
Email: healthinsurance@namicinsurance.com
Important information about Pre-Existing Conditions and HIPPA
When switching health plans, many people worry about losing coverage due to a pre-existing condition. Keep in mind:
The Health Insurance Portability and Accountability Act (HIPAA) helps ensure continued health insurance coverage for individuals and their dependents. As of July 1, 1997, insurers can impose only one 12-month waiting period for any pre-existing condition treated or diagnosed in the previous six months. Not only that, but your prior group or individual comprehensive health insurance coverage or a government healthcare program will be credited toward the pre-existing condition exclusion period as long as you have maintained continuous coverage without a break of more than 62 days. More good news: Contrary to rumor, pregnancy is not considered a pre-existing condition! When it is covered, it is treated like an illness. Newborns and adopted children who are covered within 30 days are not subject to the 12-month waiting period.
If you have had group or individual health coverage or a government healthcare program for at least 18 months with no breaks longer than 63 days, the new health plan cannot impose another pre-existing condition exclusion period -- and if you had coverage for less than 12 months, it's pro-rated. So if you have had prior coverage for only six months, you may be subject to a six-month, pre-existing condition exclusion. If you haven't been covered by any health insurance for more than 62 days, you may be subject to a 12-month pre-existing condition waiting period. Some states may have requirements that are more generous to individuals. Contact your state's department of insurance for more information.
If you have had coverage that meets the criteria, you should get a Certificate of Credible Coverage from your previous insurance company to give to the new one.
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