• Short Term Health Insurance Blog

  • Friday, August 18, 2017

  • Stay Protected While Waiting for Medicare with Short Term Health Insurance

    Filed Under: Blogging
The Medicare program provides important financial protection for many Americans. Citizens who are retired, or who are too old to hold a full-time job will need an alternative source of insurance to keep medical care affordable. And that is exactly what Medicare provides. However, certain restrictions exist that may prevent a citizen from obtaining this coverage. In this case, short term health insurance may provide the solution to their problems.

The Centers for Medicaid and Medicare services offers Medicare coverage only to U.S. residents who are at least 65 years old. Since most Americans get their health insurance from an employer's group coverage, many older citizens who no longer work full time find themselves without a policy. They would love to be able to rely on Medicaid, but until they reach age 65, they cannot take advantage of its benefits. But by purchasing short term health insurance, they can maintain an affordable source of coverage until they become eligible.

Short term plans cover a variety of needs, including doctor's visits, hospitalization, and prescriptions. This is especially important for older people, who usually must visit the doctor more frequently and who often have many prescriptions to take. Imagine how much it would cost to get several prescriptions filled monthly without the aid of medical insurance.

A great aspect of this type of insurance is that rather than being locked into a lengthy agreement, you can purchase this coverage for only as long as you need it. So if you're just a year away from turning 65 and becoming eligible for Medicare, you can just buy a year's worth of coverage. It's comforting to know that you do not have to waste money on more coverage than you need. This is one of the reasons that short term policies make the perfect bridge to Medicare coverage.

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