Insurance policy issued by a company to offer a discount to a client who already has the vehicle, home or other asset insured. This is an incentive to change insurance providers to one that may be able to offer more coverage for a lower rate. A new car owner who just bought his vehicle may not qualify for credit for prior coverage.
Related information about credit for prior coverage:
- credit for prior coverage
Credit for coverage may or may not apply when you switch employers or insurance plans. A pre-existing condition waiting period met under while you were ...
- What is credit for prior coverage? definition and meaning
Definition of credit for prior coverage: Insurance policy issued by a company to offer a discount to a client who already has the vehicle, home or other asset ...
- Individual Market Portability Rules - Kaiser State Health Facts
pre-existing condition, Maximum Look-Back Period (months), Maximum Exclusion Period (months), Credit for Prior Coverage. United States, NA, NA, NA, NA, NA ...
- Application for Crediting Prior Coverage (PDF)
EnrollmentlWaiver," will delay your ability to obtain credit for prior coverage to which you may be entitled. Complete this section even if you and/or your ...
- HIPAA - UHC of River Valley
Providing credit for prior coverage to reduce or. ▻ eliminate preexisting condition limitations. Special Enrollment Periods. HIPAA requires employers to offer ...
- The Regulation of the Individual Health Insurance Market
7 Credit for prior coverage is required for people exercising their group-to- individual portability rights under HIPAA. 8 In California, all individual market carriers ...
- application for crediting prior coverage - Utah Health Insurance
ardize or delay your ability to obtain credit for prior coverage for which you and/or your dependents would have otherwise been eligible. Return this form even if ...
- Special Enrollment Requirements - Cigna
adoption, or placement for adoption. Credit for Prior Coverage. This exclusion may last up to 12 months (18 months if you are a late enrollee) from your first day ...