Things You Didn’t Know about Short Term Health Insurance
The best way to avoid ugly scenes that will put you in a bad financial situation in case you need medical services is by having a health insurance policy. There are different categories of health insurance so you can choose the best that suits your needs. 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. Here is a comprehensive discussion on the things you should know about short term health insurance.
The first thing you should know about short term health insurance is its coverage. Among the coverage plans under the short term health insurance include office visits, specialty doctors and 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. For an elaborate discussion on the things covered by short term health insurance, view here. However, this medical plan does not comply with both the ObamaCare and the Affordable Care act. Besides, it provides immediate coverage, unlike other medical coverage plans which may take several weeks.
The next question you must be asking is the duration it lasts. As mentioned earlier, short term health insurance lasts one year. Although some states have strict policies that cannot allow you to renew, others can allow for renewal for up to three years. Just like your healthcare or major medical, the usage is similar. 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. It is a good idea to ask about the details of your plan to know what you are purchasing.
You need to find a good company that will provide you with short term health coverage. Although there are several short term health plan providers, finding the best is not a guarantee. Pay attention to what other people are saying about a particular company to make an informed decision. 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.