• Short Term Health Insurance Blog

  • Saturday, June 24, 2017

Two of the hottest topics in U.S. politics continue to be unemployment and healthcare. With the unemployment rate hovering around 10% for much of the past 2 years, and most U.S. Workers relying on jobs to provide their health insurance, the need for alternative solutions like short term health insurance is greater than ever.

For most Americans, healthcare is purchased through a group health plan provided by their employer. So when someone loses their job, he or she loses their healthcare benefits as well. This can be a devastating loss for individuals and families alike. Thankfully, short term health insurance exists to help out in these situations.

Short term health insurance provides affordable insurance to people who do not have jobs. The insurance itself is of comparable quality to that you would receive from a group provider, so you will not have to worry that your family will receive anything less than the best treatment.

And since your employment situation can pick up at any time, you only have to buy short term coverage for the length of time you actually need it. So if you only need coverage for a month, you can buy it for a month. This way, you are not stuck paying for a group plan and a short term plan if you are able to quickly find work. This is another reason short term care makes so much sense for unemployed people.


The short term health insurance plan offered by Assurant offers good benefits for gaps in health coverage. If you are looking for temporary health insurance to tide you over an uninsured period in your life, the Assurant plan may be a good choice.

The plan covers doctor visits, hospitalization and consultation, emergency room care, emergency services, and diagnostic tests, among other benefits. The plan comes with a lifetime maximum benefit of $2 million. There are also three choices of deductibles.

However, the temporary insurance plan from Assurant does not cover pre-existing conditions. It also does not cover routine care and examinations, vision and dental care. Other exclusions of the plan include maternity and fertility treatment. Even if your condition requires you to hire a private nurse, the expenses are not covered by the plan. Unlike student health insurance plans, mental health is not covered under the Assurant plan.

A complete list of exclusions and benefits can be accessed in the Assurant STM plan policy document. It is very important to read the details of coverage. It is also a good idea to ask any specific questions you might have about coverage before signing on to the plan. As always, remember that short term plans are only meant to be temporary, and cannot replace long-term insurance.


One of the questions you need to ask yourself when you are considering short term health insurance is this: What are my reasons for getting short term health insurance? In many cases, temporary insurance is seen as a COBRA insurance alternative.

Typically, when you are laid off from your job, you are given the option of continuing your current health insurance plan under COBRA coverage, for a maximum period of 18 months. With the recent downturn in the economy, this COBRA insurance is heavily subsidized. However, with the economy showing signs of recovery, the subsidy may not last long.

Also, COBRA insurance comes with its own set of stringent rules. In this case, short term health insurance is a great alternative, and offers coverage at a much lower rate. The only thing to look for is that the short term health insurance plan that you do purchase counts toward creditable coverage.

If you do purchase short term health insurance, consider the duration of the plan: How long do you want insurance for? If it is only for a few months, then purchasing a short term plan for around three months may make a lot of sense. However, always remember that short term health insurance cannot replace long-term health insurance, and you must move over to more permanent coverage when possible.


Short term health insurance is often seen as an affordable COBRA insurance alternative. It is also a good idea for anyone who does not currently have insurance, and is expecting long-term coverage shortly. There are several short term health insurance plans in the market, and while most of them offer similar coverage, the specifics may vary.

The short term health insurance plan from HCC is an affordable plan with basic health insurance cover. The plan covers medical care for sudden illnesses, and does not include pre-existing conditions. To be eligible for the plan, the applicant must not be over 64 years of age. The applicant must also not be pregnant or an expectant father. Those planning to adopt are also not eligible for coverage.

The applicant must also not be a member of the armed forces of the country. The applicant must also give satisfactory responses to the medical questions on the form. The form can be submitted online, by mail, or by fax.

Apart from coverage for unplanned medical care, one other clause of the HCC Life Short Term Medical plan is the “Urgent Care Center” plan, which specifies that the deductible is waived when you receive care at an urgent care center. Instead of the deductible, however, the plan holder pays a $50 co-payment.


Short term health insurance is not just for those who are out of a job. It can be great stop-gap health coverage for new graduates. New graduates are usually unaware that their student health insurance plan will not be valid as soon as they graduate. Some insurance companies do not send out letters to that effect, and in the excitement of graduation and end-of-term work, students often put thoughts of health insurance in the backburner.

However, nothing can prepare a student for life on the outside more than the shock of falling ill and realizing that he/she does not have insurance to cover the expenses. Even if a recent graduate does not have insurance for a few months, temporary insurance can step in easily, offering reasonable coverage at a low cost.

One other option is the possibility of staying on the parents’ insurance. It may not be available in all situations, and it is important to also check the residency requirements of such coverage. Short term health insurance offers coverage for sudden medical expenses, arising out of illnesses or accidents.

Short term plans are perfect for the period between graduation and employer-sponsored health insurance kicking in. Remember that it might take a month or two of employment before health insurance becomes valid. If you are planning a break before joining the workforce, consider purchasing short term insurance for a year at a stretch—you will save valuable money in premium discounts.


Short term health insurance may be the best option for you if you are looking at starting your own business—and do not have any employees working for you as yet. If you are healthy and have just quite your regular job with long term health insurance, you might want to try out short term health insurance while you try your hand at your own thing.

Short term health insurance will cover any major illnesses or accidents that you suffer during the plan period. In this case, you will probably be looking for temporary insurance for a year or so.

When starting your own business, you might be strapped for cash for a few months, and during this time, you want to save money while also taking care of yourself. You definitely don’t want to go the uninsured way. Temporary insurance can be a great idea in this situation.

Short term health insurance covers sudden illnesses, and benefits generally include physician visits, hospitalization, surgery, outpatient care, and some prescription medication. Pre-existing conditions are excluded from coverage and so is most optical and dental care. However, in case you have dependents, you might want to weigh their needs against your means, and determine the best health insurance coverage that works for everybody.

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