The average weight of people in the western world, particularly the UK and US, is increasing every year so it’s important to address the issue of how obesity affects health insurance. Particularly in the US, health insurance is important as the equivalent of the UK NHS isn’t available.
If you pay for private health insurance, you might find that if you are a particularly heavy person (but not obese) your premiums could rise as much as 50% or 100%. If you are classed as obese your premiums could rise further, and you might even be declined health insurance by some providers. This is because obesity on its own is an illness that you can treat yourself in most cases and doesn’t need particularly expensive medical care.
Obesity also makes you a much higher risk for other serious illnesses, such as heart conditions, strokes and some cancers. The health insurance company must increase their premiums to take the cost of the treatment for these conditions into account; treating someone with a serious long term disease costs a lot of money.
However, if your obesity is caused by an underlying medical condition, such as a glandular condition, you should be able to get adequate health insurance to cover the condition. Some insurers might cover the condition only and any direct obesity effects, but not other costs that arise out of general obesity.
Some companies are recognising that obesity health insurance is a gap in the market, and there are some specialist companies out there that will provide you with the insurance. These companies are always worth getting in touch with to arrange a quote as they deal with health insurance for the obese on a regular basis and will certainly be able to help you with any queries you might have.
They will also be able to provide you with some excellent quotes as they generally have a better understanding of the health risks involved with obesity and so can assign better premiums to the associated risk factors. Life insurance is also an important type of insurance that you can consider, especially if you are obese!