Replacing a Health Policy

Health policy replacement is rare, but when the agent's report shows a replacement, most states require consumer-protection procedures: discussing the new, possibly higher premium (new age, new medical conditions), identifying pre-existing conditions that may be limited under the new policy, and disclosing new benefits, coverage limitations, and exclusions.

Swapping health policies restarts the underwriting clock — older, sicker, and newly excluded is a real possibility.