Short Term Health Insurance Blog
Tuesday, February 28, 2017
COBRA can be a very appealing option when you consider that it allows you to continue participation in the same healthcare plan you were a member of a while at your employer. Knowing you can stay with your current doctor and give your family the coverage they need is a great feeling. But the problem with COBRA is that the luxury of continued plan participation after your employment is discontinued comes with a very heavy monetary price.
The premiums associated with COBRA are very high, costing you as much as a thousand dollars for coverage that may have cost you a hundred during your employment. Who has that much extra money to spend on insurance these days? Short term health insurance for unemployed provides a great money-saving alternative. It is much more inexpensive than COBRA coverage, and it still provides you and your family with access to high quality medical treatment.
If you have been terminated from your job, or you have left your old job for a new one but are not yet eligible for group insurance coverage, do not assume that COBRA is your best option. Look at the costs and benefits of COBRA in comparison to short term plans, and decide for yourself which one makes the best fit for your family. You may be able to save significant amounts of money and still get superior care.
If You’re New to The United States as a Citizen What Can Help Protect You From Medical Debt?
If you are a new citizen to the United States or just arrived and you are wondering about what you can do to protect yourself in case of a medical emergency. Even if you only need to see a doctor for any reason then this is the blog for you. This blog is going to talk about the differences between short term health insurance and full health insurance as an individual plan and not through your employer.
Short term health insurance may be the answer for you instead of opting for a regular individual health insurance plan until you obtain a paid position that offers you a more reasonable package on health insurance. Short term health insurance offers you the same benefits as a regular health insurance package. It also tends to be cheaper in price than a regular package of health insurance benefits. Lastly, it is more flexible on how long you want or need your health insurance plan. This means that you can choose when to start and when to end your plans at your own choosing as long as it is in a monthly time frame. That is mostly to avoid being charged for the extra month when you may not need the short term health insurance any longer.
Regular health insurance can range in price from anywhere from 100 to 500 USD or more per month. So why pay the extra money when you are only looking for a short term solution until you find a place of employment that will give you benefits. The U.S. law will make it mandatory for all employers who offer full time positions to offer health insurance to their employees. Therefore, enabling you to get short term health and then finding that right job making sure all your healthcare needs are now met.
There are many reasons why a person would choose short term health insurance. One of the main reasons people choose short term health insurance besides disability is because they are in between jobs. It acts like Cobra health insurance but might actually be cheaper than having to pay for Cobra health coverage. It pretty much acts like a safety net when you lose your normal health insurance due to several circumstances. One of the circumstances was mentioned above but the job change could be from you quitting a previous employer and going to a better company. What would you and your family normally do at a time like that? Well short term health insurance will cover your family as you wait for your new insurance to kick in at your new employer’s. So if anything was to happen or anyone gets sick you can still go to the doctor or hospital.
Another reason you could use short term health insurance is if you travel overseas. Some normal health insurance does not cover travel aboard and so you might want to consider another health insurance just while you go away from your country. You just want to check to make sure what is actually covered through the short term health insurance program you select. So you will want to check if it covers travel abroad. So you can do your research and find the best short term health insurance plan that will benefit everyone in your family at each point of time you may need the insurance.
The short term health insurance lets you determine the length of the coverage that you and your family both need to stay healthy. It can be as little as a month to several months while you are either traveling or waiting for the next health insurance to activate with your new employer.
As it is quite clearly explained and understood, short-term disability insurance is a temporary coverage you might need critically to survive for the few months. It can be due to recent graduating and having being cut off on allowance, unemployed or injured. Whatever the reason, a short-term insurance is better than a long-term.
Today is not the dispute between which is better and which is not. In this post, we shall see what are the requirements and what is expected when you claim a disability insurance for short-term.
Various companies have their own policies and rules. Dearborn National, a reputed short-term disability insurance company has a 12 month deadline only, from the day your disability was confirmed, and began. Next, there is a claim form that you have to complete. The form is asked to be filled by three groups; the employee insuring, the advisor for benefits and the person attending you. The form is filled one by one, and should be returned to you from your doctor and submitted in the respective company’s local office address, which is easily available on internet or from the authorities. As for the question of when the benefits become payable, once you are accepted, you would be asked on a sick leave for thirty days possible and the benefits would be issued on the end of each thirty day benefit time period. You can also check your status on a number that is provided at the start.
However, the application that you have submitted is closely scrutinized by the Examiner, who decided whether your answers make you eligible to have insurance. If no problems are found, the claim is accepted, but if few are found, the application is sent back to the applicant for additional answers. You can also appeal a request to get accepted if denied to the office, along with additional, in-depth information to support your claim.
Short term is not for everyone, and certainly not every normal person buys a short-term insurance plan. The people for whom it is made, why is made and what benefits it come with have been thoroughly discussed already. For today’s post, we shall see what a general short-term insurance plan and its policies say and cover for a person.
As for the short-term insurance, we are focusing on health insurance more. Since the short-term can be for many aspects, the universally “covered and “not covered” policies of a short-term plan is put forward by the companies.
All the programs of health insurance are bound to cover the costs of any emergency occurrence. Whether it is an emergency surgery, emergency care, emergency treatment, or emergency hospitalization, the plan provides full coverage. That’s one fixed rule of all short-term health insurance policy. Therefore, when the situation screams a life or death option, the policy provides complete cost. Since an emergency is quite blatantly obvious, and hasn’t been planned, the person is given peace of mind to go through the surgery calmly while the insurance people pays the cost of room and other basic necessities, along with the medical expenses. So you’re safe for unexpected situations.
Also, the health insurance companies provide pre-cautionary, or preventive coverage for any long-term disease, since it is beneficial for either as not only the diseased patients is saved from the painful treatment, but the company as well gets to save money to be spent on the full medical treatment of a chronic disease.
As for the “not covered” policy, the health insurance company certainly does not provide coverage for cosmetic surgeries, as quite obviously, reconstructive surgery does not affect or improve the health and well-being of the patient. Moreover, check the policy of your program to see whether they provide coverage for organ transplant, since majority doesn’t, neither do they provide coverage for ongoing treatments for, such as cancer.
Short term insurance, a coverage plan for any unexpected accident or illness inflicted on an earning member of the family, gives effective help to survive and move on with life even when you are disabled to perform well, or go to daily work. They are easy to locate with some of the best reputed companies.
You can contact a short-term insurance company by telecommunication. Though the company may give the whole necessary information over the call, short-term insurance companies tend to provide ample and plenty of information on their official online website. The plans and programs are clearly discussed on the website, and the quotes are also put forward. Moreover, insurance search engines are another most effective way of finding the correct insurance plan, for they are convenient to locate by category and helpful in all regards.
Also, a person can make use of social media to locate the most compatible insurance company. Many companies give the convenient option of applying for a program online, such as TravelsMed.com as they give the best short-term travel insurance in the lowest reasonable cost, with suiting every need. They are the leading companies in providing the highly rated short-term insurance for traveling to as short as 5 days, while matching the needs of a business person, family, student or mere traveler even. The services are exceptional, and the relaxation provided by their company is rare. Another promising online resource company is AllAboardBenefits.com, who provides the shortest possible coverage for travel and auto, starting from the lowest possible price. They offer their health services far across the globe, and even take the expense of any pre-existing medical problem. Hence, short-term insurance plan are easier to sign up for than long-term, for merely calling their agent and quoting your price is all it takes.