Did You Know: Chronic disease is on the rise, in 2015
191 million Americans had at least one chronic disease, and 75 million had two or more.
Incorporating a health exam into the life insurance application process helps insurers identify unknown or undiagnosed conditions in applicants. Oftentimes, applicants are unaware they are at risk of a serious disease and, as a result, do not disclose that on the medical history portion of the application. In a recent study conducted by ExamOne, it was found that non-disclosure of heart disease was nearly 94% in male applicants. This high nondisclosure rate may be a result of an intentionally undisclosed medical history, but it is more likely from undiagnosed disease risk of heart failure and left ventricular heart function. This would only be found by laboratory testing or more costly cardiac testing. Download the full study on applicant non-disclosure.
Additionally, insurers can support applicant health awareness by offering laboratory results to the applicant as part of the application process, such as ExamOne’s Inside Look® online laboratory results. Laboratory results can identify risk factors applicants may not be aware they have and encourage them to have a valuable conversation with their physician about ways to manage or improve their risk.
Show your support for men’s health by wearing blue this month, and by empowering applicants to take control of their own health with actionable insights obtained through a health exam.
Learn more about Men’s Health Month at MensHealthMonth.org.