What does "guarantee issue" mean?

"Guarantee issue" refers to a requirement that a health insurer must accept all applicants for coverage, regardless of their health status or any pre-existing conditions. This concept is particularly important in contexts such as individual health insurance plans or certain government programs where the goal is to ensure that everyone has access to health coverage. By implementing guarantee issue, insurers cannot deny coverage to individuals, making health insurance more accessible to those who might otherwise be unable to obtain it due to health concerns.

This approach supports the principle of inclusivity in healthcare, aiming to provide insurance protection to individuals regardless of their medical history. It contrasts with other insurance practices that might selectively offer coverage based on risky health factors or demographics, thereby making healthcare more equitable for all potential policyholders.