Short term insurance is insurance anyone can receive if they missed open enrollment, or need insurance in between gaps of insurance. This is typical for those who are healthy and only need it temporarily in the event of an unexpected sickness or injury. The plans are cheaper than ACA plans, but provide limited coverage. These plans are not required to cover the 10 essential benefits under the ACA.
What Short-term Plans Provide
Short term health insurance provides fast, flexible insurance with many benefits. You are able to pick your deductible amount from many options. You are also able to drop coverage without a penalty for a long term insurance option. Premiums are lower than ACA health insurance plans, and you get coverage as soon as a day after applying.
It is important to understand that short term insurance is temporary and not ideal for those who require a more comprehensive coverage, or have health conditions. Short term plans are not guaranteed issue, meaning they do not cover pre-existing conditions.
There has been a recent lawsuit against an insurance company that sells short term insurance, due to refusal of coverage of pre-existing conditions. The company refused to pay insurance benefits to their customers because of pre-existing conditions.
The insurance company went beyond the contracted period of six, twelve, or twenty-four months pre-existing condition exclusion. The company went searching for conditions from the customers past in order to not cover them or deny coverage or a claim. This company would delay the policyholders’ claims, stating they constantly needed medical records that were difficult to get a hold of. This would be put off so they would not have to pay the claims.
Is It For You?
Short term policies were created for healthier individuals who need coverage for a short amount of time that is not extensive. These policies cover the basics. Therefore, people with pre-existing conditions, or who are in need of longer care should not consider a short term health plan.
Choosing a short term health insurance will save you money. However, make sure you know what you are purchasing, and that it is the right choice for you.
If interested in gathering more information on short term insurance, contact EZ.Insure and connect with a highly trained agent. EZ.Insure will outweigh the benefits or lack of benefits of a short term plan. We will go over everything with you and help you decide if this plan best suits your needs. If it does not, then we will direct you to other plans. Enter your zip code in the bar above to get an instant quote. To reach your own advisor call 888-350-1890, email firstname.lastname@example.org, or enter your zip code above.
We take pride in servicing our customers, and strive to get you the best plan for the best deal. Do not carry on another day stressed due to lack of insurance, call EZ.Insure and get started with the right insurance plan for you. Get started the easy way.