Lindsey
JoB, there’s no such thing as a central insurance file. Insurance companies aren’t exactly keen on sharing risk information with each other. Claims experience from an insurance company follows an insured group, not an individual. AND, because of the affordable care act, medical underwriting is no longer allowed. Woohoo! So, no, they don’t access your credit, or your medical files, even if they could get all of them, which they can’t.
‘‘SEC. 2705. PROHIBITING DISCRIMINATION AGAINST INDIVIDUAL PARTICIPANTS AND BENEFICIARIES BASED ON HEALTH STATUS. ‘‘(a) IN GENERAL.—A group health plan and a health insurance issuer offering group or individual health insurance coverage may not establish rules for eligibility (including continued eligibility) of any individual to enroll under the terms of the plan or coverage based on any of the following health status-related factors in relation to the individual or a dependent of the individual:
(1) Health status.
(2) Medical condition (including both physical and mental illnesses).
(3) Claims experience.
(4) Receipt of health care.
(5) Medical history.
(6) Genetic information.
(7) Evidence of insurability (including conditions arising out of acts of domestic violence).
(8) Disability.
(9) Any other health status-related factor determined appropriate by the Secretary.”
A life insurance company writing an individual policy, unlike those sponsored by your employer, will want to dig through your underwear drawer, take a hair sample, and talk to all of your elementary school teachers.