Life Insurance Blood Test
After an individual applies for a policy, your life insurance provider will arrange for a paramedical service in order to schedule a medical exam for the aspiring policy holder. These exams are obligatory otherwise, an application will not be processed. The company might ask for your physician’s statement or an APS however, they will not be the ones to conduct the said exams.
The main reason for blood tests and any medical exam when applying for an insurance plan, is to calculate risks. Each person’s health condition is different from the next. Therefore, insurance carriers or providers need a way to estimate how much a person needs to pay on premiums that will sufficient enough to cover a policy holder’s expenses later on. They would like to be informed how much will be the cost charged to them in the future.
For many companies, a blood test will help them evaluate these figures. What exactly are they looking for in the results? Glucose level is one of them. This enables companies to detect which policy holders already have or who are at risk of having diabetes. These persons will need special maintenance in order to manage their condition. Many insurance companies actually reimburse some expenses for treatment.
Elevated levels of Fructosamine Gycated Albumin (AGP) Hemoglobin A1C, is also detected in blood tests to determine people who have diabetes. For people who have elevated levels of Blood Urea Nitrogen and Creatine, they are at risk or already have kidney diseases. However, there can be other factors causing this. The enzymes SGPT, SGOT, and Gamma Glutamyltransferase are produced in the liver. They may also be present in blood cells and muscle tissues. They can indicate liver disorders and other health conditions. The total Protein Albumin Globulin are formed by two kinds of proteins present in the bloodstream. Abnormality in these levels can be due to several pre-existing conditions.
The blood tests conducted by insurance providers is necessary to check for habits, conditions, and diseases of the potential policy holder; because eventually, they will take over the cost whether it’s time or money involved. They are mostly on alert for cancer, heart problems, respiratory problems, and stroke. Many applicants are not aware of what companies are searching for.
Alcohol and drug use can be detected through the GGT, and liver function test. These can be assessed in a person’s blood. Alcohol abuse is ranked number three in the leading causes of death for American citizens. Illegal drugs are known to damage major organs specifically the nervous system and can cause cancer. Insurance companies are on the look out for those too.
Various blood tests check for factors of premature death but only the companies know what exact information they need. Most checks are also for prostate problems, hepatitis, medications and a compromised immune system.
Gene testing has been prohibited since May 21, 2008 upon signing of the Genetic Information Nondiscrimination Act (GINA). Insurance companies and employers alike, should not discriminate against an individual based on any genetic test rating. These types of examinations are clouded with negativity because they can be causes of stigma, anxiety, apart from discrimination.