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Affordable Individual Health Insurance, The Prospects Are Grim 
 
by Sandra Bell July 07, 2005

I dropped a widget on my foot and the wound didn't heal due to diabetes. My insurance company dropped me. What now?

You are now in insurance no man's land. Insurance companies hate diseases like diabetes, heart conditions, mental illness and many or most will not cover you at any cost. There is a thing called the risk pool (no its not a swimming program for diabetic widget makers). Twenty nine states have some form of this which is termed "state safety net options." With a pre-existing condition, you will have to wait from six months to a year for coverage to kick in. And it can be very expensive--up to $1500 a month with a $500 deductible. Many people just can't afford this so be very careful with those widgets.

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