Define: Pre-Existing Conditions

Business, Legal & Accounting Glossary

Definition: Pre-Existing Conditions



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Full Definition of Pre-Existing Conditions


Pre-existing conditions are medical conditions or diseases that existed before a health insuinsurance policy was issued. Some policies will not cover pre-existing conditions at all; other policies will cover pre-existing conditions only after one year, two years, or some other time period. Minor pre-existing conditions are often covered right away. Those who write insurance policies often view pre-existing conditions as a risk factor, particularly if those conditions may require expensive treatment anytime in the future. Common examples of such risky conditions are diabetes, heart disease, cancer, and immune disorders. There are health insurance policies made specifically for people with a lot of pre-existing conditions; however, the premiums are expensive and coverage is issued to whole groups rather than one person.


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https://payrollheaven.com/define/pre-existing-conditions/
Modern Language Association (MLA):
Pre-Existing Conditions. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 07, 2020 https://payrollheaven.com/define/pre-existing-conditions/.
Chicago Manual of Style (CMS):
Pre-Existing Conditions. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/pre-existing-conditions/ (accessed: April 07, 2020).
American Psychological Association (APA):
Pre-Existing Conditions. PayrollHeaven.com. Retrieved April 07, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/pre-existing-conditions/

Definition Sources


Definitions for Pre-Existing Conditions are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 1st April, 2020