If Health Insurance Companies don't check your credit, why is it written in the fine print that they might?

Question

And if so can they deny you health coverage based on a negative credit score? I am very worried.

Answer 1

They do that because they want to reserve the right to do it, should your medical claims be of question. Unfortunately, it has been shown that people that have a poor credit score might have related health insurance issues of nonpayment and such. Not necessarily fair, but the way it is. Hmmm, seems like perhaps the health insurance providers might consider the fact that if you have a major medical problem, you might also have trouble paying your bills because of it? More and more things are being tied to your credit score-health insurance, jobs, etc. so it is VERY important to have good credit-or if you don't, to clean it up.

Answer 2

They DO check your credit. I've never heard of them denying coverage based on you credit score, but a low score may increase your premiums.