Allsurance Short Term Health Insurance Plans
Short term health insurance plans are designed to provide health coverage for a limited period of time. These plans are ideal for people who are between jobs and not eligible for employer-sponsored health insurance, or for those whose needs exceed the maximum duration allowed under COBRA guidelines. Here’s what you need to know about these plans:
Most short term health insurance plans last from 30 days up to 12 months. However, some insurers may offer coverage that lasts longer than 12 months if needed.
Short term health insurance typically covers only large medical expenses like hospital stays and surgeries, rather than small routine procedures that many other types of policies typically cover. As a result, short term plans tend to be less expensive than standard insurance.
Because their coverage is limited, short term health insurance plans usually have higher deductibles and lower premiums than other types of policies. However, these factors can make them a good option for people who are only seeking occasional coverage or cannot afford a more comprehensive plan.