Question: I have schizophrenia and would like to live in Hong Kong so need cover for this pre existing condition both as an outpatient and inpatient if necessary, I also need cover for all other medical eventualities which could arise particularly due to my lack of resistance to foreign bacteria etc. My stay would be long term.
Answer: With a pre-existing condition, including pre-existing psychiatric conditions like schizophrenia, most insurers would likely exclude coverage for that particular condition. A pre-existing condition is defined as any injury or illness which is known to the individual or has manifested symptoms prior to application for coverage. Many insurers, however, may decline insurance coverage outright. Most insurance companies will inquire into your medical history at the time of your application; in particular they will look for any pre-existing conditions. If insurance companies do not decline coverage they may exclude coverage for that condition, place a moratorium or waiting-period on coverage for that condition, or use premium loading to offset expected treatment costs. Certain psychiatric conditions, such as depression, would not necessarily be excluded from coverage if successful past treatment had ceased manifestation of symtoms at least 24 months prior to application for coverage. If a pre-existing condition, psychiatric or otherwise, has manifested any symptoms or required any treatment within the past 24 months or was likely continue as a chronic condition, then an insurer would likely decline coverage outright. |
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