Understand Wyoming's health insurance laws is to your advantage.
Wyoming laws concerning health insurance contain specific provisions designed to protect individuals. The health insurance industry is heavily regulated by the state and if you live in Wyoming, you will need to know and understand the health insurance laws so you can know what to expect from your health insurer. These laws also may impact your health insurance policy and your family's coverage.
Guaranteed Renewability
Wyoming law guarantees that you can renew your health insurance as long as you pay your policy premiums. This ensures that, regardless of your health condition, you can renew your health insurance.
Pre-Existing Conditions
Health insurance companies in Wyoming cannot exclude pre-existing conditions for more than 12 months. This means that if you are diagnosed or treated for an illness prior to obtaining your new health insurance policy, then your insurance company can exclude your pre-existing condition for up to 12 months.
However, if you are switching health insurance policies and do not have any lapse in coverage, your health insurance company cannot exclude your pre-existing condition.
Coverage For Minors
If your health insurance policy already covers dependent children, then your policy will automatically cover newborns under your policy for at least 31 days after they are born.
Health Rating
Health insurance companies in Wyoming can refuse to offer you health insurance based on your health. If you are ill, you can be denied coverage. You can also have your premiums affected by illness and age. This means that as you get older, your health insurance premiums can rise. Even though your premiums can rise, the insurance company cannot cancel your policy due to illness.
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