Health

Keys to Finding the Best Short Term Health Insurance Plan

<p style&equals;"text-align&colon; justify&semi;">Americans spend about <a href&equals;"https&colon;&sol;&sol;www&period;debt&period;org&sol;medical&sol;&num;&colon;~&colon;text&equals;Medical&percnt;20Debt&percnt;20&percnt;26&percnt;20Costs&amp&semi;text&equals;However&percnt;2C&percnt;20Americans&percnt;20spent&percnt;20&percnt;243&period;3&percnt;20trillion&comma;of&percnt;20the&percnt;20gross&percnt;20domestic&percnt;20product&period;" target&equals;"&lowbar;blank" rel&equals;"noopener">&dollar;10&comma;348 per person<&sol;a> a year on healthcare&period; That&&num;8217&semi;s double what people pay in other countries of the world&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">It&&num;8217&semi;s no wonder that medical expenses are one of the main reasons that Americans have debt&period; In fact&comma; two-thirds of people who file for bankruptcy do it because of medical bills&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">That&&num;8217&semi;s one of the reasons why health insurance is vital&period; Even if you are between jobs or waiting for permanent benefits to kick in&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">A short term <a href&equals;"https&colon;&sol;&sol;newsforpublic&period;com&sol;health-plan-coronavirus-protection&sol;">health insurance plan<&sol;a> will protect you and your family now&period; Read on to learn what you need to know to choose the right plan&period;<&sol;p>&NewLine;<h2>What Is Short Term Health Insurance&quest;<&sol;h2>&NewLine;<hr &sol;>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Short term health insurance is also called temporary health insurance&period; These plans give coverage to those who don&&num;8217&semi;t have coverage for various reasons&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">In essence&comma; traditional health insurance plans and short term ones serve the same function&period; They offset your out-of-pocket healthcare expenses&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Yet&comma; these types of plans are designed differently&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Short term health insurance plan has a very specific coverage duration&period; It might range from 30 days to 364 days&period; It depends on what state you live in as well as what policy you choose&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Short term plans have a limited scope of coverage&period; Each provider is different so it&&num;8217&semi;s important to read the fine print&period; These plans are designed to cover emergency illness and injuries&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">With short term plans&comma; you can be denied based on your health history&period; Also&comma; most plans do not cover pre-existing conditions&period; Even if you didn&&num;8217&semi;t know about a condition&comma; you won&&num;8217&semi;t get coverage if it appears that the condition was pre-existing&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Short term plans don&&num;8217&semi;t qualify for ACA subsidies&period; Yet&comma; they are generally less expensive than unsubsidized ACA plans&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Short term plans are also known for their flexibility&period; You can have a policy for as little as 30 days&period; Often&comma; these policies are network-free so you can see whichever healthcare provider you prefer&period;<&sol;p>&NewLine;<h2>Who Needs Temporary Health Insurance Plans&quest;<&sol;h2>&NewLine;<hr &sol;>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Short term medical insurance isn&&num;8217&semi;t a guaranteed issue and offers fewer benefits&period; So why would anyone choose to pay for it&quest;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">People may opt for a temporary plan if they need coverage and are outside of open enrollment&period; It is also useful when a person is in between jobs&period; Or while you are waiting for your permanent benefits to kick in&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Basically&comma; people choose short-term medical plans when they are uninsured and need affordable coverage&period; According to a recent health survey&comma; <a href&equals;"https&colon;&sol;&sol;www&period;businesswire&period;com&sol;news&sol;home&sol;20200430005251&sol;en&sol;Pivot-Health-Survey-Finds-Short-Term-Health-Insurance" target&equals;"&lowbar;blank" rel&equals;"noopener">26&percnt; of short-term coverage<&sol;a> customers were long-time uninsured&period; Another 29&percnt; had recently lost their insurance due to unemployment&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Buying short term health insurance may help people during a time of transition&period; Others simply prefer to continually have short term plans&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Now&comma; let&&num;8217&semi;s examine the most important considerations when choosing a policy&period;<&sol;p>&NewLine;<h2>What to Look for in a Short Term Health Insurance Plan<&sol;h2>&NewLine;<hr &sol;>&NewLine;<p style&equals;"text-align&colon; justify&semi;">There are so many short term health insurance plans out there&period; It can be tricky to find the right one for your needs&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Here are a few of the top factors to keep in mind as you shop&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;">Reputable Provider<&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Choosing a reputable insurance provider is a smart choice&period; Long-standing&comma; trustworthy providers come with a large network of doctors and hospitals&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Sometimes&comma; that means you get network discounts&period; When you do&comma; that lowers the cost to you&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Well-established insurers usually have better rates than insurers with a small network of providers&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;">Flexibility<&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">By their very nature&comma; temporary health insurance plans tend to be flexible&period; Yet&comma; it&&num;8217&semi;s still wise to look at the deductible options and coverage lengths&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Usually&comma; a higher deductible means a lower premium&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">You should also find out if you can cancel your plan without penalties&period; Your situation might change and you don&&num;8217&semi;t want to be stuck with a plan you no longer need&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;">Look For Your Preferred Providers<&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Many people prefer to see their own family doctor&period; Especially if you have years of history and records with that person&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">If seeing your doctor is important to you&comma; be sure that the clinic accepts the short-term plan you pick&period;<&sol;p>&NewLine;<h3>Read the Fine Print<&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Also&comma; be sure to read all the fine print&period; You want to know exactly what the plan does and doesn&&num;8217&semi;t cover&period; Be sure to check the dollar cap on coverage&period; This lifetime benefit maximum is vital information for you to have&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Unfortunately&comma; short term plans have more wiggle room to exclude conditions that would be illegal under the ACA&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Companies and brokers are highly motivated to sell these plans because there is usually a bigger commission payout attached&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Be wary of intense selling techniques when you are comparing brief health insurance plans&period;<&sol;p>&NewLine;<h2>Things to Avoid in Brief Health Insurance Plans<&sol;h2>&NewLine;<hr &sol;>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Now that you know what to look for when shopping for coverage&comma; let&&num;8217&semi;s look at what to avoid&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">When shopping around&comma; be wary of fixed indemnity plans&period; These are ones that pay you a set amount for each covered service&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">These plans don&&num;8217&semi;t have a deductible so it sounds like a great idea&period; But&comma; the things it covers can be very limited&period; Also&comma; there is no catastrophic cap&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Worse still&comma; the fixed amount they offer will not cover the cost of serious health issues&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Stay away from mini-med plans if you can&period; These offer very limited protection with extravagant deductibles&period; The premiums are low but the deductibles can cost you thousands of dollars&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Be sure to think about the worst-case scenario as you compare coverage between different policies&period;<&sol;p>&NewLine;<h2>Choosing Temporary Health Insurance Plans<&sol;h2>&NewLine;<hr &sol;>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Choosing a short term health insurance plan can be tricky&period; Remember to ask questions&comma; compare coverage and read the fine print&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Now&comma; check out our other blog posts for the latest news and tips on business&comma; lifestyle&comma; health&comma; and more&period;<&sol;p>&NewLine;

Hardik Patel

Hardik Patel is a Digital Marketing Consultant and professional Blogger. He has 16+ years experience in SEO, SMO, SEM, Online reputation management, Affiliated Marketing and Content Marketing.

Share
Published by
Hardik Patel

Recent Posts

5 Key Considerations When Using Bottle-Top Dispensers in Pharmaceutical Labs

Bottle-top dispensers are essential tools used in pharmaceutical labs because they allow and accurate dispensing…

44 minutes ago

How to Budget a Home Renovation Like a Pro

Renovating your home can be both exciting and overwhelming. Whether you’re updating a single room…

19 hours ago

Stream2Watch Alternatives For Watching Sports Online 2026

Are you Finding Stream2Watch Alternatives Websites? Here are 18+ Websites like Stream2Watch to watch live…

2 days ago

Best Einthusan Alternatives 2026 – Sites like Einthusan for Streaming Free Movies

Are you finding Einthusan Alternatives websites? Here are Top 9 Alternatives of Einthusan. Sites like…

2 days ago

What to Gift a RC Car Driver

Choosing the perfect gift for an RC car driver can be surprisingly fun once you…

5 days ago

58 Top Best SEO Tools for Content Marketing

We publish a selection of top best SEO tools for content marketing that will help…

5 days ago