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Health Insurance
Why do insurance companies reject old people for health insurance premium policy?
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[QUOTE="sincerem, post: 142953, member: 25228"] It is not a new thing that old people aren't permitted to get health protection from insurance companies, they don't get endorse by insurance companies. * What is the reason behind the rejection of the old going into health premium policy plan? * Does it mean their deteriorating healthy life is the reason behind the rejection with health insurance policy? In general, old people are risk to insurance companies in all ramifications of premium policy plan. They are viewed as threat to their policy plans. If they get insured by any insurance company via any premium policy plans, it is posing risk to the insurance company financially. Cos they see old people as prone to diseases, they can be attached by one disease to another, and its a big risk for the insurance to manage series of illness they incur. If they continue administering health treatment to the old, it means they're running charity organization of no profit. Their deteriorating healthy life is part of their rejection to get projected into health premium policy plan. They are prone to diseases of all kind, which will make the insurance company to be over spending funds via their complicated health issues. [/QUOTE]
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Why do insurance companies reject old people for health insurance premium policy?
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