The waiting period, as the name implies, is a period of time during which a policyholder must wait to be eligible for specified benefits under a health insurance policy. During the waiting time for health insurance, you will not be able to use any of the stated advantages. The minimal health insurance waiting period varies from company to company.
For example, most health insurance policies include a waiting period for pre-existing conditions. This means that after completing a four-year waiting period, which begins on the policy’s start date, any covered person will be eligible for coverage benefits for pre-existing conditions.
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