Short-term health insurance provides temporary medical coverage for those between health plans, outside enrollment periods or in case of an emergency. The coverage varies depending on the plan and insurance company, and these plans do not have to comply with Affordable Care Act (ACA) guidelines as ACA plans are required to provide minimum essential coverage. Short-term medical insurance usually provides some level of coverage for preventive care, doctor visits, urgent care, emergency care, and prescriptions.
Costs and Pros and Cons
Short-term health plans are not a substitute for traditional health plans and typically offer limited benefits with higher costs. Pre-existing conditions are not covered in a short-term or temporary health plan. There are some situations in which short-term insurance may be needed, such as a gap in coverage. However, it is important to read the exclusions and limitations information before purchasing any plan.
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Although coverage and costs can vary widely between insurance companies, short-term insurance may provide temporary coverage and cost savings for those who need it. It is important to anticipate upcoming health needs and explore available plans before making a decision. Short-term health plans are sold through private insurance companies and not available through the Health Insurance Marketplace.
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