What is typically true about health insurance policies issued to individuals?

Health insurance policies issued to individuals often include exclusions for pre-existing conditions. This means that if an individual has a medical condition that existed prior to obtaining their health insurance policy, the insurance company may not cover treatments related to that condition for a certain period, or possibly for the life of the policy. This practice is designed to help insurers manage risk and control costs, as covering pre-existing conditions without exclusions could lead to significantly higher premiums for all policyholders.

Other aspects of the options are less typical. Medical exams are not always required for such policies, as many insurers offer policies that allow individuals to obtain coverage without undergoing a medical exam, thereby increasing accessibility. Transferring health insurance policies between individuals is generally not permitted, as these policies are written specifically for the individual and their health condition. Additionally, not all health insurance policies contain a cash value provision, as that feature is more commonly associated with permanent life insurance policies rather than health insurance. Therefore, the inclusion of exclusions for pre-existing conditions is a standard practice that reflects the operational realities of health insurance underwriting.