PSI Ohio Insurance Practice Exam

Under a Medicare Supplement Policy, after how many months can preexisting conditions not be excluded?

1. 3 months

2. 6 months

3. 12 months

4. 18 months

The correct answer is: 6 months

Under a Medicare Supplement Policy, pre-existing conditions can typically be excluded for a period of six months. This provision is designed to help insurance companies manage their risk by allowing them to exclude coverage for conditions that members had prior to obtaining their policy. Once this six-month period has elapsed, any pre-existing conditions can no longer be excluded from coverage. It is important to note that the six-month exclusion period applies only if the individual was not enrolled in any other health coverage prior to purchasing the Medicare Supplement Policy and had a waiting period for these pre-existing conditions. Thus, after six months, beneficiaries are fully covered regardless of any previous health issues.