Short Term Health Insurance

What is Short Term Health Insurance?

Short Term Health Insurance is medical insurance that provides coverage during gaps between regular, long term insurance (like health care plans provided by your employer, for instance).

There are various benefits provided through these plans offered by different insurance providers, allowing you to choose the right coverage for your needs.

H2: Who is Short Term Health Insurance For?

Short Term Health Insurance provides limited medical insurance for a predetermined period of time. It can be useful for those who need transitional health insurance coverage.

H3: Ideal Candidates for Short Term Health Insurance

Short Term Health Insurance provides limited medical insurance for a predetermined period of time. It can be useful for those who need transitional health insurance coverage.

H5: What it covers: Hospital Insurance
  1. Short Term plans can be cheaper an ACA plan, even including the tax penalty

    If you are ineligible for Obamacare plan subsidies, Short Term plans may provide acceptable coverage with total costs from premiums and tax penalties that are still lower than ACA plans.

  2. Healthy individuals will not need many of the benefits provided by an ACA plan

    The ACA’s Ten Essential health benefits provides coverage for services that might never be needed by some people.

  3. Pre-existing conditions restrictions do not apply to healthy individuals

    Short Term plan limitations on pre-existing conditions won’t impact you If you don’t have any medical issues.

  4. You can still get an ACA plan later if you develop a condition that prevents you from reapplying for a Short Term plan

    While developing a new medical condition might prevent you from receiving additional Short Term plan coverage, Affordable Care Act health plans cannot refuse to insure you, so you can always switch back if you need to, during the open enrollment period.

  • Short Term plans can be cheaper an ACA plan, even including the tax penalty

    If you are ineligible for Obamacare plan subsidies, Short Term plans may provide acceptable coverage with total costs from premiums and tax penalties that are still lower than ACA plans.

  • Healthy individuals will not need many of the benefits provided by an ACA plan

    The ACA’s Ten Essential health benefits provides coverage for services that might never be needed by some people.

  • Pre-existing conditions restrictions do not apply to healthy individuals

    Short Term plan limitations on pre-existing conditions won’t impact you If you don’t have any medical issues.

  • You can still get an ACA plan later if you develop a condition that prevents you from reapplying for a Short Term plan

    While developing a new medical condition might prevent you from receiving additional Short Term plan coverage, Affordable Care Act health plans cannot refuse to insure you, so you can always switch back if you need to, during the open enrollment period.

H3: Why Buy Short Term Health Insurance?

Short Term Health Insurance is useful for people who need transitional coverage (between jobs, for example), students studying abroad in the U.S., or for others for whom Obamacare is not ideal. While benefits are typically limited compared to ACA plans, a wide variety of healthcare providers accept Short Term Health Insurance.

H3: Short Term Health Insurance Basics

Short Term Health Insurance provides limited medical insurance for a predetermined period of time. Short Term Health plans are characterized by reduced medical coverage levels and by insurance premiums that can be fifty percent less expensive than basic Obamacare plans. Since Short Health Insurance plans do not comply with minimum coverage standards of the Affordable Care Act’s (“ACA”), you will have to pay the federal “Shared Responsibility Tax”.

Lab tests

Short Term Health Insurance provides limited medical insurance for a predetermined period of time.

X-Rays

Short Term Health plans are characterized by reduced medical coverage levels and by insurance premiums.

Hospitalization

Short Term Health Insurance provides limited medical insurance for a predetermined period of time.

Emergency care

Short Term Health plans are characterized by reduced medical coverage levels and by insurance premiums.

H5: Benefits Typically Provided by Short Term Health Insurance
  • Doctor visits and specialist visits
  • Lab tests
  • X-Rays
  • Hospitalization
  • Emergency care

Short Term Health Insurance does not provide maternity care, and benefits like drug coverage may only be partially provided or not provided at all. Deductibles can be high, and payment allowances limited, so it’s important to review these items carefully in Short Term Plans.

H2: Who is Short Term Health Insurance For?

Short Term Health Insurance provides limited medical insurance for a predetermined period of time. It can be useful for those who need transitional health insurance coverage.

H3: Why Buy Short Term Health Insurance?

Short Term Health Insurance is useful for people who need transitional coverage (between jobs, for example), students studying abroad in the U.S., or for others for whom Obamacare is not ideal. While benefits are typically limited compared to ACA plans, a wide variety of healthcare providers accept Short Term Health Insurance.