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For these economically uncertain times, the UnitedHealth Group has a first-of-its-kind product: the right to buy an individual health policy at some point in the future even if you become sick.

Called UnitedHealth Continuity, the product is not actual medical insurance, but is aimed at people who may have insurance now but are worried they might lose it — and might not be able to obtain it on their own. They may expect retire to early, for example, before they qualify for Medicare. Or they are worried about the possibility of losing their job and their health coverage.

People who are already sick will generally not be eligible for the new product. For those who do pass a medical review, they will pay 20 percent each month of the current premium on the individual policy to reserve the right to be insured under the plan at some point in the future.


Buy if changes to the health insurance system do occur under the Obama administration, they say, UnitedHealth’s new product might become obsolete.

“As an individual, you’re betting against health reform,”
said Peter V. Lee, the executive director of national health policy for the Pacific Business Group on Health, a California group of employers who provide health coverage for their workers.


I wonder what the overhead & profit is on an insurance policy that isn't insurance? It must be hefty. <LOL>

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