Things You Didn’t Know about Short Term Health Insurance
Medical expenses can drain you especially if you are not in a position to foot the bill; hence you should have a health insurance policy. Not all the medical insurance plans provide coverage for all conditions so you should check out to see the best that suits your interests and those of your loved ones. Short term health insurance is a quick insurance plan that covers you for a period of one year. short term health insurance has both pros and cons but very few people understand the details of this insurance plan. The article herein discusses some of the things you should know about short term health insurance.
The first thing you should know about short term health insurance is its coverage. Apart from office visits, short term health insurance provides coverage plans for specialty doctors as well as wellness visits. However, you should note that many short term health plans limit the number of visits. Besides, maternity care, prescriptions, and mental health are not covered by this plan. If you want to learn more about the health conditions covered by short term health insurance, learn more here. It is also important to note that short term health insurance does not comply with ObamaCare or the Affordable Care act. Although major medical coverage starts between 2-6 weeks, short term health insurance offers immediate coverage within 1-14 days.
Moreover, you should know about the duration short term health insurance lasts. As mentioned earlier, short term health insurance lasts one year. However, it has the ability to renew up to three years although most states offer a 1-year maximum. You will use this plan similar to how you use your major medical. Immediately after receiving your card, you should call the doctor’s office before you visit to see what doctors are in-network. You should also know that this plan is affordable compared to other plans. One disadvantage though: major medical coverage may be government subsidized but short term health insurance is not. If you qualify for short term health coverage, you should ensure that you ask your provider the details of the plan.
You need to find a good company that will provide you with short term health coverage. Choosing the best short term insurance provider can be a challenge because there are several options. Once you’ve identified a particular company, find time to investigate what other people are saying about them to see if you can trust them. If they have a lot of negative customer reviews, the chances are that they will disappoint you in the long run. By considering the above-discussed points, you can now make a decision to purchase a short term health insurance plan.