Short Term Health Insurance
What is short term insurance? If you have ever been in between jobs or lost health insurance coverage for any reason this may be the solution you are looking for. Short term health insurance gives individuals major medical coverage for a specified amount of time which can range from 30 days to 1 year.
Temporary, or short-term health insurance, is beneficial for people who may be between jobs, new graduates, temporary employees, or waiting for their employer’s coverage to take effect, among other reasons. The short-term nature of their circumstance makes temporary health insurance coverage an ideal solution.
Click on your state for a complete listing of agent websites providing short term health insurance plans in your area. →
Short Term Health Insurance Overview
The main difference between short term and long term services is that with short term insurance there is always a termination date. You will be asked to choose the length of time when applying for the policy. Monthly billing is offered by some companies which would allow the policyholder the right to terminate prior to the originally agreed upon expiration date.
Services covered within these policies is subject to the terms and limitations agreed upon in the policy but can include outpatient, surgical, inpatient, as well as other various costs incurred when you need medical treatment. You may want to consider this temporary solution if the process of acquiring permanent health insurance has taken a substantial amount of time in being reviewed and /or accepted.
Now you may be thinking I don’t have time to take out another policy, my insurance will lapse soon. Yes you do. The process of acquiring a short term policy can be as simple as answering a few basic questions about previous coverage and medical history and can be put into effect in as little as 24 hours. Because the coverage is only temporary the underwriting process is much less lengthy. So, if you have found yourself in the predicament of recently or soon becoming uninsured, you should consider this option. Go online, do a little research, get some free quotes, and make contact with companies to find out the coverage limitations and cost because medical bills can be catastrophic rendering you and your family in serious financial difficulty.
You may be wondering if these policies are so easy to obtain what is the downside. Honestly there are a few issues to consider when deciding whether a short term health insurance policy is right for you. First of all when making this decision you will have to consider the cost. Secondly there are limitations and exclusions with temporary policies, for example if you have a pre-existing condition, you may be denied a temporary health insurance policy because insurance companies have restrictions against any higher risk circumstances. Therefore it is suggested that you thoroughly investigate these issues when applying for the coverage. Due to the temporary status of the insurance it is not designed to cover any and all medical necessities, its primary purpose is to provide you with ongoing coverage in the event of illness or injury.
In conclusion short term health insurance is available to those who deem it necessary during a transitional time. It can provide you and your family with the ease of mind in case of medical necessity. This is not a permanent solution to obtaining health care coverage and should not be misunderstood as such. It is an alternative to being uninsured for a period of time.
* Please refer to our legal terms and conditions for disclaimers pertaining to the content on this page. | Bookmark This Page!short term
