there’s no waiting around with short-term plans. You’ll often now if you qualify right after your application is complete. Your coverage can begin in less than 24 hours in many cases.
a small gap in health coverage is how many individuals fall into a hole they can’t get out of. Short-term plans can cover these gaps between long-term plans.
short-term plans often incur lower premium costs than ACA plans due to the fact that pre-existing conditions are not covered. Unless you have a pre-existing condition, a short-term plan may benefit you more than utilizing Obamacare.
most short-term plans allow flexible term length. These lengths range from one month to almost one year. This varies by state.
Choice of healthcare professional
short-term plans individuals to go to a number of different doctors and healthcare professionals.
Gives you options on the go
Travelers, seasonal workers, and recent graduates can utilize short-term plans to ensure they have coverage during all walks of their life.
you will not get coverage from a short-term plan if you have a pre-existing medical condition. If you do, your coverage will be severely restricted.
Many services denied
short-term plans do not cover many medical issues. Preventative care, maternity care, mental illness and substance abuse are just a few of the ailments short-term plans will typically not cover.
you cannot qualify for COBRA health insurance once your short-term health coverage ends. This can leave many individuals in a pickle down the road.
Read the fine print
short-term insurance plans often do not have an out-of-pocket maximum. These plans may also institute a limit on the maximum amount an insurer could pay.
once your short-term plans end, you cannot renew it. You may struggle to find a new short-term plan once the old one terminates if you developed a pre-existing condition.
most short-term insurance plans deny coverage to everyone over the age of 65 years old.