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Laid off by ZS, today
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Absolutely
Rising Star
Depends on how bad you got it. And I guess if there is hard data on what level of immunity (and how long it lasts) you could be assumed to have. Might even depend on your job (if you work from home or could work from home, or if you work in close conditions)
No, you specifically having coronavirus cannot have an impact on health insurance premiums. If you have insurance through your employer, your premium is based on the claims history of your entire employer so has nothing to do with your health status. And if you buy individual coverage, insurance companies can’t rate based on pre-existing conditions anymore.
And by “small business” insurance I’m referring to property/casualty insurance like business continuity, not health insurance.
Health Insurance rates are based on the over claims risk of a group of individuals - whether that be your company, or the insurer’s book of business, or a blend of both. It’s never based on your health status alone.
Life insurance doesn’t ask health questions up to a certain coverage amount - this amount depends on type of contract and carrier. Over and above you will have to do a health screening for actuarial consideration.
"Private health insurers are expected to raise premiums by as much as 40% to recoup the costs of coronavirus testing and treatment"
https://www.salon.com/2020/04/05/health-care-insurers-expected-to-raise-premiums-by-as-much-as-40-to-recoup-coronavirus-losses/
Chief
Yes. We don’t understand some of the underlying damage that the inflicts.
We do know that some people who recover have extensive lung damage. Those that needed to be hospitalized will probably need therapy after.
We do know some people who have been sick suffer neurological damage, and e still don’t know if there are long term effects.
There are also those who have been hospitalized that I’ve suffered major organ failure that does leave lasting damage.
No bc health insurance is fraud.
Would you up your health insurance to the highest coverage next year? I'm using the highest deductible at the moment.
Think this question is overly simplistic. You need to do a cost benefit analysis for your personal situation. A pricey PPO isn’t always better than a lower cost HDHP HMO if you never use PPO-only docs and the premium savings and company hsa contribution outweigh the PPO premiums for example.