Short Term Health Insurance Blog
Wednesday, May 16, 2012
- 12
Feb
2010 -
Short Term Insurance for the Maverick in You
Filed Under: Blogging
For those who don’t like to follow the rules, short term health insurance can prove an understanding companion. Short term health insurance is not just for those who have been laid off from their jobs, or early retirees. Those who simply follow their hearts can benefit from it too.
Let’s say that John Sadiris, a manager at a publishing firm, is looking for a change from his nine-to-five job. He has decided to take some time off, and pursue a hobby that he left midway—carpentry.
John has saved enough to take him through one year, and hopes to work part-time to make up for any deficit. Sounds great so far, doesn’t it? But one vital issue still remains: What if John were to fall ill, or get injured in an accident? His company, which has given him a one-year sabbatical, will not offer coverage, and it is dangerous to live without insurance as well.
COBRA insurance is one possibility, but an easier and less expensive option is often short-term health insurance, which protects against unplanned medical illnesses and accidents. Short term insurance is ideal for periods up to a year (if known), and covers most inpatient and outpatient care.