Q. Is a credit report for health insurance required in Texas?
A. While it is allowable for insurers in the state of Texas to review one’s credit report prior to providing an insurance quote, a credit report for health insurance is not required. Insurers can consider credit information for making decisions regarding whether or not to insure someone, as well as what premium rates to charge. An insurance company cannot, however, refuse to sell an individual an insurance policy based solely on his or her credit.
The only state that actually prohibits insurance companies from using your credit score is California. All other states make it optional for insurance companies to check your credit – although many do take advantage of doing so prior to offering a policy, or even a premium quote.