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 Where Your Dreams Become Reality |
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You are reporting the following post to the moderators for review and possible removal from the forum Poster: A different point of view Subject: RE: Why do individual health insurance sign-up plans ask for details that go beyond the look-back period for your state? Body: Think of not disclosing some health issue from you past in a different way. Say you are buying a house, in this role you are the insurance company. The Relator asks the Sellers to disclose any issues with the house, like water in the basement. The Sellers know that they will not get a favorable price if they disclose that the basement did leak several years ago in a big rain storm. So, they do not divulge that fact. So, based on what you have been told about the house, you pay a fair price. Then next summer, a heavy rain hits and your basement gets wet, and you lose stuff that you stored there. A contractor comes in a examines your basement and says that this has happened before and can be fixed for several thousand. So you are now out money, and don't you feel that the Sellers really owe you for not revealing what they knew? You would have taken the cost of fixing the leaky basement into your price offer had you known upfront. Hit the submit button below if you want us to review the post. If you feel this is urgent or want a reply, email us at letsrun@letsrun.com about the post and please include a link to the thread the post is on and what page number/post on that page it is
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