Short-term medical plans may be the right fit for you during this transition in your life.
Bridge the gaps in health insurance coverage
Short-term medical health insurance is a flexible solution when you need coverage for a period of transition in your life.
Plans vary by state, but coverage options include doctor's office and urgent care visits, trips to the ER, hospital stays, preventive care, prescriptions, and more.
Short-term plans are medically underwritten, and coverage is not required to comply with specific federal market requirements for health insurance, principally those contained in the Affordable Care Act.
Be sure to check your policy carefully to ensure you are aware of any exclusions or limitations regarding coverage of preexisting conditions, for example, hospitalization, emergency services, maternity care, preventive care, prescription drugs, and mental health and substance use disorder services.
Short-term medical plans are not Minimum Essential coverage as defined in the Affordable Care Act and may not cover all Essential Health Benefits in your state. Your policy might also have lifetime and annual dollar limits on health benefits. If this coverage expires or you lose eligibility, you might have to wait until an open enrollment period to get other health insurance coverage.
Some short-term plans are available as association group insurance only to members of FACT, an independent association. Additional membership fees may be required.
Is a short-term medical insurance plan right for me?
Short-term insurance may be for you if you're:
- Unable to apply for Affordable Care Act (ACA), also called Obamacare, coverage because you missed Open Enrollment and you don't qualify for Special Enrollment
- Waiting for your ACA coverage to start
- Looking for coverage to bridge you to Medicare
- Turning 26 and coming off your parent's insurance
- Between jobs or waiting for benefits to begin at your new job
- Healthy and under 65
Short-term health insurance, also called temporary health insurance or Term health insurance, might be suitable for you for these situations and many others. It can fill that gap in coverage until you can choose a longer-term solution.
The benefits of short-term medical health insurance
Short-term insurance offers you the flexible, fast coverage you need for those busy times of change in your life. With short-term medical plans, you can:
- Get covered fast, as soon as the day after the application
- Pick your deductible amount from several options
- Pick your length of coverage, 1 to nearly 12 months in some states
- Drop coverage with no penalty if a more permanent health insurance option comes along
- You may be able to apply for another short-term health insurance plan when the first one finishes if needed
- Access an extensive network of healthcare professionals, with 1.4 million physicians and other healthcare professionals and approximately 6,500 hospitals and other facilities
- Get generally lower premiums than with ACA health insurance plans (unless you qualify for a subsidy on the Marketplace)
Keep these short-term insurance reminders in your long-term memory
You are not buying an ACA health plan with short-term medical health insurance. That means you need to keep a few things in mind as you plan your coverage needs:
- ACA health plans are guaranteed issue, meaning you cannot be denied coverage based on preexisting conditions
- Short-term insurance plans are not guaranteed issue, do not cover preexisting conditions, and you must answer a series of medical questions to apply for coverage
- ACA health plans are required to cover ten essential health benefits, including maternity and newborn care, mental health and substance abuse disorder services
- Short-term insurance plans do not have coverage requirements, so plans vary in what they cover. Check your plan details carefully
So, it's true that you may save money by choosing short-term health insurance. For the right situation, short-term insurance plans can provide fast, flexible, temporary health insurance coverage that fits your needs. Just be sure you know what you are buying and that it's a good choice. Please call us at 404-996-0045 or 888-901-4870 with your questions and for more personalized service.
Using the links below, you can also run a quote with two of the main carriers we use for short-term health insurance.
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Owner/Agent
For more personalized service, please call me at (888) 901-4870.
You can also reach me by visiting the contact us page and leaving your information. I will answer all your questions and assist you in finding the right short-term medical insurance policy for your needs and my service to you is free.
Chad Cason - Licensed Agent/Agency Owner