Frequently Asked Questions

Is it more expensive to go with EBI rather than going directly to an insurance company?

Actually, no. Working with EBI costs you nothing. Most often, we can offer lower prices than buying directly from large insurance providers. Plus, you get the added value of EBI’s personal relationship. You are always free to call or stop by our office anytime you have any questions or concerns.

Is there an application fee when applying for insurance?

No. EBI does not charge additional fees for requesting an insurance quote or submitting and application for insurance. When you apply for insurance you may be required to pay your first month’s premium, but there is no additional application fee.

How long will it take to be covered after I apply for an insurance plan?

During the application process, EBI will work for you to ensure you are covered in the shortest time possible. The only reason for a significant delay is if the insurance carrier requires further information about something listed on your application. However, even in this situation, it should take no longer than 2-4 weeks for the carrier to request and receive medical records from your previous doctors.

What qualifies as a pre-existing condition and can it keep me from obtaining health insurance?

A pre-existing condition is any health condition you currently have or have had prior to applying for an insurance policy. Many insurance providers are interested only in pre-existing conditions dating back about 10 years. In rare and severe situations, insurance providers may only issue a plan with a disclaimer that says your plan is good for everything EXCEPT your pre-existing condition. At EBI, we will do everything we can to find an insurance policy that is conducive to your individual situation.

What is the difference between a co-pay and a deductible?

Your co-pay is an identified flat fee you will pay for each medical service, such as $20 for an office visit. Your insurance company will then pay the remainder of the covered medical charges.

A deductible is the amount of money you are required to pay every year before your health insurance plan begins to pay for covered medical expenses. The required amounts for both your co-pay and your deductible vary with different plans. EBI will make sure you are comfortable with both before we match you with an insurance plan.