The idea of short-term health insurance may sound weird, but it could be just what you need.
Short-term insurance is just what it sounds like. A form of health insurance plan that allows you to be covered for a shorter period of time, often known as temporary health insurance. There are several reasons why this may be a great option for you, however, there is a single requirement, you must be under the age of 65 and still considered healthy.
So, why might you choose short-term insurance?
- First of all, if you are not able to afford the Affordable Care Act (ACA) or you missed Open Enrollment and don’t qualify for special enrollment, then a short-term insurance plan may be just what you need until you can apply next or you’re waiting for your ACA coverage to start
- If you’re wanting to be covered as a bridge to Medicare, this may be the perfect solution while you wait,
- If you’re 26 and just coming off of your parent’s insurance, a short-term insurance plan may be the perfect solution until you find a more stable plan.
- Lastly, if you’re in between jobs that did and will offer health insurance, a short-term plan may be the solution to ensure you are covered until the plan with your new job starts.
Short-term insurance is the perfect temporary plan to help you fill the gap while you figure out a longer-term solution or while you wait for the start of your new health insurance plan to begin.