Do insurance companies cover suboxone? That depends what condition you’re taking suboxone to treat. In most cases, suboxone is used to help treat opioid addiction. When it comes to life insurance, a past opioid addiction will affect your rates and, depending on how long ago you were addicted, your ability to get covered.
In general, life insurance companies require applicants to be drug-free for a number of years. However, every insurer sets their own underwriting policy, so there’s no single rule that would apply across the entire industry. Some will consider applicants who have been clean for 2 years or 5 years, while others prefer to consider those with 10 years of sobriety. That’s why there’s no single answer to the question, “do insurance companies cover suboxone?”
If you are still in treatment or recent recovery from an opioid addiction, you are probably not going to be able to get coverage at this time. Insurers want to see that you’ve been able to recover and stay substance-free for an extended length of time before they’ll risk insuring you.
However, if you’ve been opioid-free for several years, it may be possible to get covered. Your options and your rates are going to depend on your individual medical history.
That’s why it’s helpful to work with an agent – we know which carriers are more likely to insure people on the lower end of that scale, and what other key factors they’ll look for before making an offer of coverage.
If you’re currently taking suboxone but have at least several years of sobriety, call us and let’s figure out your life insurance options. Call (800) 521-7873 and let us give you personalized insurance advice.Get a Free Quote Now
Suboxone is a prescription drug that helps regulate brain chemistry. It binds to the same receptors that opioids do, reducing the effects of substances such as fentanyl, oxycodone, methadone, or heroin. This means it can lessen the risk of overdosing, and can help people reduce and even end their addition to opioids.
Suboxone is helpful for people in many stages of recovery. It’s not just for people who are in danger of overdosing. It’s a drug that can help make long-term recovery possible, which means your doctor and recovery team may continue prescribing it for people who are no longer in immediate danger of an overdose or a relapse.
The good news? Applying for life insurance while you are taking suboxone is not going to result in an instant decline. It is, however, going to tell the insurer to take a very close look at your medical records, prescription history, and behavioral history to evaluate the level of risk you represent.
With life insurance, it’s not so much a matter of asking “do insurance companies cover suboxone” as it is about understanding the underwriting process. Underwriting is the process life insurers use to evaluate how much of a risk it would be to insure you. To do that, they need facts about your lifestyle and medical history. To learn more about policy rate classifications, click here.
If you are taking suboxone to treat a medical condition that has nothing to do with opioid addiction, the life insurance company is going to want detailed information about that condition. In both cases, the higher the risk your health presents, the more they will charge for coverage.
Your answers to these questions will help the life insurance underwriter understand where you are in terms of treatment and physical recovery. That, in turn, will help them assess the level of risk they’d be taking on by insuring you.
If you’re currently taking suboxone but have several years of sobriety, call us and let’s figure out your life insurance options. Call (800) 521-7873 for personalized insurance advice.Get a Free Quote Now
You may be wondering what happens if you don’t want to disclose the answers to the types of questions listed above. It’s in your best interest to do so for multiple reasons:
If you’re currently taking suboxone and have at least several years of sobriety, call us and let’s figure out your life insurance options. Call (800) 521-7873 for personalized insurance advice.Get a Free Quote Now
There are several different coverage types, as we mentioned above. Depending on your history and situation, you may be able to qualify for one or more types. Click here to learn more about policies for people with high-risk jobs or health conditions.
Because life insurance is priced based on your individual history and circumstances, we can only give generalizations here. So, to give you a definite answer to the question, “do insurance companies cover suboxone?”, we would need to ask you about the reasons for your suboxone use.
If you’re currently taking suboxone and have at least several years of sobriety, call us at (800) 521-7873 and let’s figure out your life insurance options.Get a Free Quote Now