Short Term Health Insurance Information
Health insurance can provide critical financial assistance to ensure you are able to access the medical services you need. These plans may help you afford preventive services to maintain your health and limit out-of-pocket costs for reactive health care needs, such as operations and medications.
While health insurance is one of the most commonly purchased coverages across the United States, policies can be complicated. Your ideal health insurance plan may vary significantly even among those with whom you share many characteristics. In some cases, a short-term health insurance policy may be the right choice.
What Is Short-Term Health Insurance?
As its name suggests, short-term health insurance is a type of coverage that may provide essential financial assistance for medical care during a limited period of time. Like general health insurance, short-term health plans may help you access various preventive care and medical services, and may be advisable for the following parties:
- Young people who have aged off their parents’ insurance
- Families who missed the open enrollment period for Affordable Care Act (ACA) plans
- Seniors who will soon turn 65 and be eligible for Medicare
- New hires in a waiting period before their employer-sponsored health insurance begins to provide coverage
The availability of short-term health insurance may vary depending on your location, as some states prohibit this type of coverage. In addition, short-term health plans are not regulated in the same way as ACA policies, meaning that certain services, such as mental health and maternity care, may not be covered. Furthermore, insurers may deny short-term health coverage due to a pre-existing condition.
How Long Can You Have Short-Term Health Insurance?
Short-term health insurance plans typically provide between one and 12 months of coverage depending on your policy and location. You may then be eligible to renew your insurance for a total duration of up to three years.
Get the Right Coverage
At the Matt Roenker Insurance Agency, we have extensive experience in personal lines coverage and will work with you to assess and address your coverage needs. Visit our website or call 855-421-2027 to explore your health insurance options and acquire the right plan.