How Long Can You Stay On Short Term Health Insurance?

Short-term health insurance plans refer to any form of health coverage that only covers members for a limited period. Although these plans don’t cover the same minimum benefits as ACA plans, they do have some advantages that make them appealing to many. To learn more, keep reading. 

What Is Short-Term Health Insurance?

Short-term health insurance plans are basic health insurance plans that provide minimal benefits. There are no enrollment periods for short-term health plans because you can enroll at any time of the year. These plans are meant to cover individuals who are unable to acquire other insurance but only for short periods. 

What Does Short-Term Health Insurance Cover?

Short-term health insurance doesn’t cover the same essential benefits as ACA coverage. Therefore, there is a lot of variation when it comes to what will be covered. In many cases, it’s very likely that a short-term plan will always cover emergency health events. Though, they won’t normally cover pre-existing conditions, maternity care, or mental health. There are also other exclusions. 

How Long Do Short-Term Health Plans Last?

Short-term health insurance plans aren’t meant to completely replace your major health insurance. Therefore, you can expect these plans to last between three and twelve months. Some plans allow you to renew for up to 36 months, while others don’t. Generally, people purchase short-term health insurance while they wait for a major health insurance enrollment period to begin. 

Do You Need Short-Term Health Insurance?

If you aren’t currently covered and open enrollment isn’t available, short-term health insurance may be the solution you need. To find out if a short-term health plan is a good fit for you, contact an insurance professional. The agents at Insured For Life are ready to help you find coverage that fits your specific needs. To reach us, call 888-989-0079.