What is the primary reason insurance companies impose waiting periods for certain illnesses?

"To protect themselves from customers who purchase policies after being diagnosed with a condition" "To ensure customers have a genuine need for insurance" "To increase profits by delaying claim payouts" "To encourage customers to adopt healthier lifestyles

What type of medical expenses are typically covered after the initial 30-day waiting period in most health insurance policies?

"Cosmetic surgeries" "Pre-existing conditions" "Treatments for chronic illnesses" "Acute illnesses and accidents

What are disease-wise sub-limits in health insurance?

"Caps on the total coverage amount for specific diseases" "Waiting periods for certain pre-existing conditions" "Exclusions for treatments related to substance abuse" "Requirements for second opinions on major surgeries

Which of these is a common example of a permanent exclusion in health insurance?

"Treatment for broken bones" "Hospitalization due to accidents" "Surgery for a heart condition" "Cosmetic dental procedures

What is the purpose of an insurance company's blacklist?

"To track customers with a history of fraudulent claims" "To identify hospitals known for overcharging or fraudulent practices" "To list medical procedures that are not covered under any circumstances" "To monitor doctors with a high rate of malpractice lawsuits