Guaranteed Issue (Health Care) Law and Legal Definition
Guaranteed issue refers to the insurance coverage that must be issued by the insurance company regardless of the health, age, gender, or other factors that might predict a beneficiary’s use of health services. All health insurance plans are guaranteed issue in some states because a health insurance company generally cannot refuse coverage to a qualifying business or organization based on the health status of their employees or members. Guaranteed issue is basically a state government requirement that a health plan must allow a beneficiary to enroll regardless of the health status of the beneficiary and his/her dependents.
Legal Definition list
- Guaranteed Issue (Health Care)
- Guaranteed Investment Contract
- Guaranteed Freight
- Guaranteed Bond
- Guaranteed Benefit Policy
- Guaranteed Loan Amount
- Guaranteed Loan Portion Amount
- Guaranteed Obligation
- Guaranteed Portion [Business Credit And Assistance]
- Guaranteed Renewable (Health Care)
- Guaranteed Renewable Life, Health, and Accident Insurance Policy [Internal Revenue]
Related Legal Terms
- Accelerated Benefits (Health Care)
- Accumulation Value (Health Care)
- Actual Age (Health Care)
- Actuarial Equivalent (Health Care)
- Acute Care
- Additional Health Services
- Adequate Parental Care
- Adequate Veterinary Care
- Admitting Privileges (Health Care)
- Adoption and Foster Care Analysis and Reporting System (AFCARS)
