The Benefits Of Short Term Health Insurance

Short term health insurance is designed to cover you in a period of transition between different health plans. There are a number of people can benefit from them. It is worth considering the benefits of a plan to see if it is right for your needs.

A good example of someone who can benefit from them is someone who has recently left a company and is starting a new job elsewhere. Often an employee may be put on what is referred to as gardening leave where they cannot immediately start work for another company, often due to fears that an employee may potentially pass on inside information. A deal may already be agreed but there will be a period of time when they will not be receiving benefits from their new employers.

This is where a short term plan would be beneficial. Typically they last between a month to six months as required. The maximum period is usually 36 months. As the name suggests they are meant to be a stopgap solution, not a replacement for any previous plans. In some cases it may be possible to get an extension but as a general rule 36 months is usually the limit.

There are a number of other people who can take advantage of this kind of plan. For example if you have recently graduated from college then you will need a plan before finding employment. This is equally true of people who have been discharged from the military or who are pondering taking early retirement.

One crucial thing that should be emphasized is that you should always answer questions honestly when making your application. While it may seem like you will get additional benefits it is very risky. If it is found that you have lied on a form then you may be denied treatment!

The good thing about this type of policy is that they should cover both you and your dependents, whether you have a partner or children. There is also the additional flexibility of being able to visit any doctor or healthcare professional. However it should be noted that you may be required to get pre certification from your insurance provider.

In terms of benefits this type of policy covers aspects such as surgery, hospital visits, emergency visits and prescription drugs. It is important to note that it does not cover dental or vision requirements. There are also certain people that may be excluded. This usually means people who are over the age of 65 and most local areas will have height and weight restrictions.

Short term health insurance can be paid up front or monthly. If you are worried about signing an agreement it is worth asking if the insurer offers a 30 day satisfaction guarantee. They should provide a 100 per cent refund provided you do not make any claims in this time. It is worth looking online to compare the providers in your local area to see what is right for you and to check local eligibility guidelines to see if you qualify for it.