What are riders?
A. Riders, sometimes called waivers, are exclusions that are placed on a policy to eliminate one or more medical conditions from coverage. This is one of the ways that companies can handle pre-existing conditions. This allows a company to still offer coverage to the individual without being responsible for paying claims related to a pre-existing condition. If it weren’t for riders, many people would not be able to obtain private health insurance at all. Although riders are never desirable, it is better to have a policy with a rider then to have no coverage at all. This is one area where there is some variation between companies. It is possible a specific condition may be ridered by one company but not by another. On the other hand, there are some conditions that would be ridered by every company. TOP Q.
