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Pre-Existing Condition Exclusion Period

Categories: Insurance

See: Pre-Existing Condition.

You're the new insurance company. You are excluding from your cover (i.e., the medical bills you're willing to pay for) problems that your newest insured had in the past. They're on the patient, or on their previous insurance carrier...not on you.

See: Obamacare.



Find other enlightening terms in Shmoop Finance Genius Bar(f)