Meaning and Importance
Portability allows you to switch health insurance providers without losing accumulated benefits, ensuring continuous coverage.Definition
It’s the right to transfer your existing health insurance policy to a new insurer, retaining credit for waiting periods already served.How It Works
The new insurer acknowledges waiting periods completed with the previous provider, avoiding a reset for pre-existing conditions.Key Benefits
Offers flexibility, better policy choices, and continuity of coverage, particularly for pre-existing conditions, without restarting waiting periods.Author
