As of January 1, 2019, there is no longer a penalty for not having an individual medical insurance policy through a private insurance company or the health insurance exchanges.
Depending on the level of medical coverage you purchase, you have access to many of the same services covered by a more expensive individual health insurance plan: Doctor office visits Emergency services Hospitalization Ambulance Physical therapy Prescription Drugs
You can apply for a short term health insurance plan in 5 minutes or less once you have compared your plan options.
There are many reasons why short term health insurance is a great alternative option! There is no waiting period. Once your application is accepted and payment made, coverage can begin in 24-hours. Short term medical is a great option for people who just need to bridge a gap in coverage…
Depending on your state of residence, you can re-apply for a new short term health insurance plan once your coverage expires for up to three years. Once you re-apply and are accepted for coverage for a second time, you are on a new insurance policy, and your deductible, coinsurance and…
No, short term medical insurance does not qualify for any cost assistance from the government, unlike marketplace insurance plans. That is why it’s important to check your eligibility for a financial subsidy on the marketplace exchange before purchasing a short term medical plan.
Traditionally, yes. It’s always important to check to see if you qualify for a financial subsidy on a marketplace health insurance plan before committing to a short term health insurance plan. If you do not qualify for cost assistance on an Obamacare marketplace plan, short term can provide a more affordable…
Short term health insurance to regular insurance when you are temporarily uninsured! Here are the different life situations where short term medical insurance can fill the gap in coverage: Loss of employment Employer drops employee health insurance benefits Waiting period before new employer healthcare coverage begins Alternative to more expensive…
No, short term health care is different than Obamacare plans, and cannot be purchased on the marketplace exchange. Health insurance plans on a state exchange, the federal marketplace or in the private marketplace are major medical policies that offer 10 essential benefits required as a result of the Affordable Care…
No, there are differences between short term insurance and permanent individual insurance, also known as major medical health insurance. Short term health insurance does not offer essential health benefits as required by the Affordable Care Act, also known as Obamacare. However, you no longer are at risk for paying a…