Short-term Medical Insurance

A short-term health insurance need can occur for a number of reasons. You could be temporarily laid off, between jobs, a recent college graduate or not yet eligible for new employer's group coverage. Or with today's unsettled economy, lean employment opportunities and questionable investment atmosphere, you may be looking to maximize every dollar spent. Whatever the reason, short-term medical insurance can bridge the gap and give you peace of mind.

As the name implies, short-term medical insurance is the coverage you need while in transition. It is medical coverage for healthy individuals and families, and people transitioning from one life event to another without a basic health plan. It does not cover pre-existing conditions. Also if health questions on the application are not answered honestly you can end up being denied treatment that is related to your pre-existing condition. It is very important to read and understand all limitations and restrictions of any policy before purchasing it. As insurance specialists we can help you navigate through these issues and find the best plan for your needs.

Who Needs Short-term Medical Insurance?:

• Individuals who are temporarily out of work
• Newly hired employees
• Recent college graduates
• Individuals waiting for a standard health insurance policy
• Dependents losing their dependent status
• Individuals on strike, military discharge and early retirees

Insurance premiums are low because short-term health insurers have established pools of healthy people and families, each of whom will need coverage only for a short period. This group has low-risk characteristics which keep the cost of insurance low for everybody because insurers expect few claims.

Advantages of Short-term Medical Insurance:

• Short-term medical insurance is less expensive than regular medical insurance
• Plans can be used with any doctor or hospital in the U.S., and there is no physician network in which you must stay
• Some insurers provide a "Certificate of Creditable Coverage" to be used with your next employer's health insurance policy. This guarantees that your new group coverage cannot exclude your pre-existing medical conditions
• All eligible dependents such as your spouse and children can be covered

Don’t risk being without medical insurance! There are many plans to choose from and one is right for your needs. Let us help you find the best coverage available to fit your budget. We are insurance specialists and are here to help you.