Insurance portability means you can switch your health insurance from one company to another without losing your benefits. This is useful if you’re unhappy with your current insurer’s service, premium, or hospital network.
When you switch, your waiting period (for pre-existing diseases, etc.) continues from the old policy. This way, you don’t have to start from scratch.
You must apply for portability before your current policy expires. The new company will review your application and may accept or reject it based on rules.
Portability gives customers more control. It encourages insurance companies to offer better services. If you feel stuck with your plan, remember—you now have the right to change without penalty.
