How to Choose And Work With A Health Insurance Broker

You don't have to give the broker your real name or make a formal application while checking availability. If you're turned down, it can go on your record for other companies to see [through the MIB (formerly the Medical Information Bureau)]. You can still be turned down even if the broker thinks you won't be, but you can't protect against all risks.

Tell the broker your health history; date you were diagnosed, the treatments you have taken, and your current stratus. Ask whether the broker has any companies that will insure you. If so, since individual health insurance policies are underwritten (priced) on an individual basis, at what cost?

You could also check insurance brokers on line, but you may have to divulge personal information.

Document in writing your communication with any agent or company to help you recall what you were told. If what you talked about was important to you, confirm the information with your broker in writing. For example: "Dear Harry. To confirm our conversation, you informed me that XXXXXXXXXXXXXX. If my understanding is not correct, please let me know. Thank you."

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