When Should You Consider a Short Term Medical Plan
- If you missed open enrollment
- If you’re in between jobs
- If you are turning 26 and coming off your parents insurance
- If you have a wait before applying for ACA to begin
- During a Waiting Period for group plan to kick in
- To fill a gap in coverage
- Waiting for Medicare coverage
- You want coverage for Yourself
- You need coverage for your family
- If you’re healthy and under 65
Why Short Term Medical Coverage?
With short term medical plans also known as temporary health insurance or term health insurance, healthy applicants can secure immediate individual and family coverage, as early as the next day. Short-term medical plans are a great fit until you can choose a longer term solution. If you already know the number of days you need to be covered, you may be able to make a single payment for the whole coverage period.
Features of Short Term Health Insurance
- Get covered within one day of applying
- Access over 1 million heath care professionals and over 6,000 hospitals and facilities
- Generally Short Term Health Plans have lower premiums than the Affordable Care Act
- Drop other coverage with no penalty
- Receive a premium refund if you need to terminate the plan early
- Several Deductible plans available
- Various coverage levels offered
Cost Effective
Low cost health insurance for less than $1 per day
Fast Approval Process
Approval as early as the next day
Flexible Payments
1 to 11 months of coverage
Short-term medical insurance plans may be a good fit for healthy individuals who just need temporary coverage. Regarding Short Term Medical coverage, you are NOT purchasing an ACA plan however, they definitely fit the bill for fast, flexible temporary coverage. The plans aren’t designed to cover everything, and they do not provide coverage for all of the ACA’s essential benefits. You could still be subject to the tax penalty with a short-term plan. Check with your accountant if you have questions regarding your liability. Short Term insurance plans do not have coverage requirements, so plans vary in what they cover.
Be certain to review all the plan details and exclusions. Short-term medical plans typically will not cover routine office visits, maternity, mental health or preventative care. They, also, will not cover preexisting conditions. In Florida, there are plans that also include some fo the benefits not typically covered in other states.
Short Term Medical Plans vs the Affordable Care Act
Short-term medical insurance plans may be a good fit for healthy individuals who just need temporary coverage. Regarding Short Term Medical coverage, you are NOT purchasing an ACA plan however, they definitely fit the bill for fast, flexible temporary coverage. The plans aren’t designed to cover everything, and they do not provide coverage for all of the ACA’s essential benefits. You could still be subject to the tax penalty with a short-term plan. Check with your accountant if you have questions regarding your liability. Short Term insurance plans do not have coverage requirements, so plans vary in what they cover.
Be certain to review all the plan details and exclusions. Short-term medical plans typically will not cover routine office visits, maternity, mental health or preventative care. They, also, will not cover preexisting conditions. In Florida, there are plans that also include some fo the benefits not typically covered in other states.
Why Short Term Medical Coverage?
With short term medical plans also known as temporary health insurance or term health insurance, healthy applicants can secure immediate individual and family coverage, as early as the next day. Short-term medical plans are a great fit until you can choose a longer term solution. If you already know the number of days you need to be covered, you may be able to make a single payment for the whole coverage period.
Features of Short Term Health Insurance
- Get covered within one day of applying
- Access over 1 million heath care professionals and over 6,000 hospitals and facilities
- Generally Short Term Health Plans have lower premiums than the Affordable Care Act
- Drop other coverage with no penalty
- Receive a premium refund if you need to terminate the plan early
- Several Deductible plans available
- Various coverage levels offered