Being a current or former drug user may make it harder for you to find life insurance coverage, but it’s not impossible. Depending on your personal history and the type of drug you use, you may even qualify for competitive rates with some insurers.

Can you get life insurance if you fail a drug test?

You’ll be declined for life insurance coverage if a blood or urine test indicates you use any illegal drugs, such as amphetamines or opiates. The only exception to this rule is marijuana, as each insurer evaluates marijuana consumption differently.

Do life insurance companies check pharmacy records?

From Pharmaceutical Databases If you’re taking medication for high blood pressure, diabetes, depression or anything else, life insurance companies will find out. They use third-party companies such as Milliman Intelliscript to check your prescription drug history.

How does drug abuse affect insurance?

The Costs of Substance Abuse Employers and employees pay higher health insurance premiums. Taxpayers pay higher taxes for the public expenditures of health care, law enforcement, the judicial system, incarceration as well as prevention and treatment programs.

Can you buy life insurance with a history of drug abuse?

Getting life insurance with a history of drug abuse can be a disheartening process. The health questions, complications, severity, or drug types may make it challenging for you. Note that HIPAA protects any health information you disclose to the insurance company, so hopefully, this makes you feel better.

How does drug use affect your life insurance?

Any history of drug use affects how much you pay for your life insurance policy, and it’s important to be completely honest in your application. The amount you’ll pay for coverage will depend on your insurer’s underwriting standards, as well as the severity of your past addiction and how long you’ve been clean.

Where can I get help for my drug use?

According to the National Institute for Drug Abuse, you can easily get information about treatment programs in your area by calling 1-800-662-HELP. You can also visit the Substance Abuse and Mental Health Services Administration. Which Company is Best for my Specific Drug Use History?

How are drug tests done for life insurance?

These are simple and convenient tests that are comprehensive and can simultaneously test for all of the drugs and substances mentioned earlier in this article. Basically, you tinkle in a cup, and your specimen is sent off to a laboratory to be analyzed.