I currently own an individual health insurance plan. Since I’m not satisfied with the coverage I’m getting I’m planning to get another one, with a notion that this will provide the coverage my other health insurance plan lacks and vice versa. Is it possible to have two individual health insurance plans and have both of these to supplement each other in regards to its coverage?
Generally though, most insurance companies require as part of the enrollment to their plan, that any existing plans must be cancelled. This is true at least for both full comprehensive major medical plans. It is probably better to just acquire a single policy that has everything you need for an individual health insurance plan. If there are gaps in your coverage you can always open an HSA for those additional expenses. Answer by general public - June 16, 2009 @ 6:45 pm No CommentsNo comments yet. Leave a comment |
|
You can have two individual health insurance plans. However, one must be declared as your primary insurance, and the other one will end up as your secondary insurance. In that case, the rules of the primary individual health insurance are followed first and the deductions are calculated. When you submit a claim, the primary insurance reviews it to make sure all of its criteria are met for payment. Likewise, the secondary insurance will review the claim according to its own rules, before making a payout. You should ask your insurance company how they would handle a secondary individual health insurance plan.
