SHORT TERM MEDICAL INSURANCE
DON'T GO WITHOUT INSURANCE
Did you miss the health insurance open enrollment period? If you need insurance for just a short period of time or if you are undecided about a permanent plan give us a call and we'll get you on a temporary plan.
These plans are not usually very comprehensive but the premium is generally reasonable. However, these plans are not ACA compliant so they won't keep you from getting the tax penalty for not having coverage.
SHORT TERM INSURANCE IS NOT ACA COMPLIANT
The Affordable Care Act (ACA) introduced new rules into the health insurance market, requiring all major medical plans to provide specific benefits and requiring most Americans to have coverage. These rules do not apply to short-term health plans.
You may still face an ACA penalty on your federal tax return for being under-insured if you enroll in a short-term health plan.
SHORT TERM INSURANCE WON'T BREAK THE BANK
Short-term plans tend to be relatively affordable, much more so than a traditional permanent policy. Premiums are normally way less than half for similar coverage.
SHORT TERM INSURANCE IS TEMPORARY
Short-term health insurance is intended for the short term only. You can generally buy short-term coverage in one-month increments up to a maximum of 12 months. However, you might have the ability to reapply.
SHORT TERM INSURANCE IS LIMITED
Short-term plans may not cover prescription drugs and typically do not cover maternity care or care for pre-existing medical conditions. They also can limit the amount of coverage you have, whereas traditional insurance now has no limits.
SHORT TERM INSURANCE IS AVAILABLE YEAR 'ROUND
you can apply for short-term coverage year 'round but be aware that the insurance company can decline to accept you based on your health conditions.