Short Term Medical insurance, or “Temporary Health insurance,” is health insurance that is purchased for only a short period of time, designed to provide coverage for major hospital and surgical expenses acquired as a result of medically necessary care for a covered injury or illness.
The difference between Short Term Medical insurance and general health insurance is that Short Term Medical policies always have a termination date which is determined by the length of coverage you choose to purchase at the time of applying. Most companies allow you to choose from coverage lengths ranging from 30 days to 12 months. Another big difference is that Short Term Medical allows you to choose our doctors and hospitals, and normally only takes 24 hours to kick in after you’ve been accepted. General health insurance can have a lengthy processing time.
Short Term Medical is a good choice for those who, for whatever reason, are currently not insured and need a “safety net.” For instance, if an individual switches jobs and there is a 90-day waiting period before their new insurance kicks in at their new job, they might want to look into Short Term Medical insurance. Recent graduates whose student health coverage has just run out may also be good candidates for Short Term Medical insurance, as are those whose applications for long-term coverage are declined.
If you think Short Term Medical insurance might be right for you, contact us today. We’ll be happy to answer your questions and concerns.