Short Term Health Insurance Defined

Short Term Health Insurance Is designed for people who need coverage to tide them over until they get their comprehensive coverage. Those who are between jobs, frequent travelers, temporary or part time employees and recent graduates who are not covered by their parent’s policy anymore are most likely to benefit from this plan. Short Term Health Insurance is limited from 6 months to 12 months coverage only. Here are some of the advantages and disadvantages of Short Term Health Insurance.

Advantages:

1. It is significantly less expensive than permanent plans.
2. You get instant coverage as soon as all paper works are done and the first payment is made.
3. It is a great alternative to full coverage plans.

Disadvantages:

1. Renewability is not guaranteed. At the most, coverage is good for 12 months.
2. Pre-existing conditions are usually not covered.
3. Coverage is limited unlike those you get from permanent plans.

Before getting a Short Term Health Insurance, weigh the pros and cons first. Affordable temporary insurance varies from state to state and you can check them out with the state’s insurance department. Make sure to read your policy and understand your coverage. Read the fine print and learn all the benefits you are entitled to with your Temporary Health Insurance.

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