Short term health insurance plans are temporary health insurance plans, which provide flexible, inexpensive coverage for most injuries and illnesses. Its medical coverage usually ranges from 30 days to 6 or 12 months. Short term health insurance plans are designed for healthy individuals and families, who do not require coverage for pre-existing conditions. Most short term health insurance plans are open only to those who are under the age of 65 years. Many short term health insurance policyholders are fresh graduates, people in non-traditional jobs, temporary employees looking for health insurance, people in career transition, self-employed, between long term health insurance plans, recently laid off or unemployed, and those who looking for an affordable option to COBRA coverage. This plan is also ideal for foreign students studying in the country. Short term health insurance plans belong to a category known as "indemnity care." Short term health plans include emergency care, hospitalization, prescription drugs as well as some preventive health programs. Depending upon the plan, profits can be generous and extensive. These plans often can be a one time cost. Holders have the option to pay on a monthly base or have a single payment choice. Cost of all such plans is often half the price of an individual health insurance policy. You can also drop the short term health insurance plan easily. Generally, short term health insurance plans finish after the specific policy period. The plans normally cannot be renewed. After a plan is finished, you will need to find health insurance coverage through a long term plan. The majority of the short term health insurance providers also have long term plans. It is wise that you consider an individual health insurance plan rather than a temporary plan in case you need insurance for more than six months. Before deciding on a short term health insurance plan thoroughly understand its features and usefulness for your health care. |
