What is Temporary Health Insurance?
January 12th, 2009Temporary health insurance often referred to as short-term health insurance. is exactly what the words suggest, insurance that you purchase for a short period of time. Most plans allow you to choose how many days or a general length of the term. The terms typically run from 30 days to a year.
Most of the plans will cover you in the event that an unexpected illness or accidents occurs after you have met a deductible amount. It is the best option for those individuals that will lose health insurance coverage temporarily, like if you are between jobs.
The method behind temporary health insurance is to cover major medical, hospital and surgical expenses. for a covered accident or illness. They most often cover things like, daily hospital room charges surgical services and of course sedation. It’s main coverage is geared towards in and outpatient services.
You would not expect temporary health insurance to have basic service co pays. So office visits and prescriptions you can expect to pay out of pocket . Pre existing conditions are not covered as well. Another service not covered is an annual physical.
These type of plans are an affordable alternative for expensive Cobra plans. Many times consumers will purchase a temporary plan to cover the gap between the termination of an old plan and approval of a new individual plan. Temporary health insurance also tends to be practical of college students.
With Short Term health insurance some rates are based on a per day rate, some on a per month. Many plans have the choice to choose which option suits you best. Some plans require you to pay for all days purchased at the time of purchase.
Enrollment is usually fast and easy, unlike the enrollment process of a traditional health plan. The health questioner is typically short and not as broad. Many carriers that offer short term health insurance allows for next day coverage.
If you are unsure of the term you will be needing you do not have to stress. Most carriers allow you to re-enroll at lease once a year. So if you purchased 6 months and find you will need another 2,3 or even 6 months more you simply enroll for the additional amount. So finding Temporary Health Insurance is a perfect solution to many.
