I read an article the other day that mentioned something I haven’t thought much about – insurance companies will do one of three things if they find out to have sleep apnea:
- decline to cover you altogether
- jack up your rates because of the increased risk (double, triple or quadruple your rate!)
- reduce your rates if you are treating the apnea – you might be considered in a lower risk pool
I guess there’s a fourth. If you have a claim, and they determine that you have sleep apnea, they may deny the claim. Not telling anyone you have it isn’t a legitimate defense.
The bottom line is that if you suspect sleep apnea, investigate it thoroughly. If the apnea is confirmed, treat it! It benefits your health today, the length of your life, and your pocketbook…