Does your vaccination status impact your health insurance premium?
Will your vaccination status have an impact on customer premiums? It’s a question many have had as discussions about vaccine mandates swirl around governments and places of business.
We contacted several insurance companies in the region to see if the vaccination status would have an impact on their clients’ premiums. Here’s what they said:
Lincoln Financial Group – Lincoln does not ask questions about vaccinations (for any virus / disease) during the application process and does not intend to ask questions about the COVID-19 vaccine. Therefore, the COVID-19 vaccine is not a factor in our subscription process.
Florida Blue – “Florida Blue is committed to the health of our members and our community. We strongly encourage all of our members who are eligible for a COVID-19 vaccine to purchase it, and we continue to offer incentives through many of our health plans to promote immunization. Health insurance is a highly regulated industry, and several existing laws generally prevent insurers from charging premiums for fully insured plans based on a person’s health and lifestyle, with the exception of their status. smoking.
Blue Shield Blue Cross – Blue Cross and Blue Shield (BCBS) is a federation made up of the Blue Cross Blue Shield Association (BCBSA) and 35 independent companies that work to determine the right coverage to meet the needs of their members. Each BCBS company makes its own decisions about COVID-19 coverage and benefits, and sets premiums based on applicable state and federal laws. We have no indication that unvaccinated BCBS members pay more for premiums.
New York life – Our questionnaire and medical examination do not ask for consumers’ Covid vaccination status or whether consumers have had Covid.