Those looking for a health insurance for a short time period for whatever reasons should consider Temporary Health Insurance Plans. Temporary health insurance offers a plethora of benefits like any standard health insurance plan. Temporary health insurance is a quality, affordable plan of temporary medical insurance aimed at people who wish to be covered temporarily for health insurance. Coverage can become available for periods as short as 30 days or up to 180 days, and paid for in one single payment or in easy staggered installments. During the period of coverage, you can have the same feeling of security and stability you are used to with regular your health care coverage. Temporary health insurance is to cover unexpected illnesses and accidents but pre-existing medical conditions and routine doctor visits are not covered. Under the temporary health insurance plans, an insured person may receive treatment from any licensed healthcare provider or facility anywhere in the U.S. The Temporary health insurance plans are different for different situations, states, and medical problems. You should do the necessary pre-study to arrive at the one best suited for your needs.
There can be instances in your life when you may need to buy a temporary health insurance policy. Temporary health insurance plans are ideally suited for the following persons/situations: 1. As an alternative to COBRA insurance 2. During periods of unemployment - like loss of job, strike or lay-off 3. Recently graduated unemployed students 4. Employed temporarily or doing part-time jobs 5. Temporarily without health insurance for whatever reasons Most importantly, short term health insurance plans provide coverage for a limited time frame only. Once this time frame ends, you may or may not be able to buy additional health insurance, depending on your health at that point in time. There are two key factors you should consider before finalizing a temporary health plan - the deductible and the out-of-pocket expenses. The deductible is the share of medical costs you will shoulder out-of-pocket before the insurer begins paying under the terms of the policy.
Please note that the higher the deductible you agree to, the lower the amount of monthly premiums you pay. The out-of-pocket maximum is the total amount the insurer wants you to pay before the company covers all of the medical costs. When selecting a policy, you must ensure that the out-of-pocket maximum is an amount affordable for you. Not having a health insurance plan can spell financial ruin as even unplanned hospital visit can wipe you out all your savings. You must cover for all unforeseen accidents, sudden illnesses and hospital stays. Despite all limitations, temporary health insurance is still the best option for you to get coverage and protect yourself from spending on exorbitant medical bills. Also remember that buying a temporary health insurance policy is much more cost- effective than buying a traditional policy. If you need a health coverage policy for a very short period of time, then avoid going in for the conventional ones. The right way is to request free quotes from a few reputed health care provider companies. Once you have the quotes, it will be very easy for you to compare the different offers and choose the one that is best suited for you.