Short-Term Health Coverage
Temporary insurance to bridge gaps in coverage
What Is Short-Term Health Coverage?
Short-term health insurance is designed to provide temporary medical coverage during gaps in your health insurance. These plans are typically available for periods ranging from 30 days to 12 months, depending on your state.
Short-term plans generally cost less than comprehensive major medical insurance but provide more limited coverage. They're meant to protect you from unexpected accidents or illnesses during temporary transitions.
Who These Plans May Be Good For
People between jobs waiting for employer coverage to begin
Recent graduates no longer on a parent's plan
Early retirees waiting for Medicare eligibility
Those who missed Open Enrollment and don't qualify for Special Enrollment
Healthy individuals seeking catastrophic protection
People in temporary life transitions
What to Know About Short-Term Plans
- Coverage Duration:Plans typically last from 30 days up to 12 months, with possible renewals in some states
- Lower Premiums:Generally cost less than ACA-compliant plans due to more limited coverage
- Medical Underwriting:Insurers can ask about your health history and may deny coverage or exclude pre-existing conditions
- Limited Benefits:May not cover preventive care, prescription drugs, maternity care, or mental health services
Important Considerations
- Short-term plans are not ACA-compliant and don't cover essential health benefits
- Pre-existing conditions are typically not covered
- These plans may have coverage limits and exclusions
- You won't qualify for premium tax credits or subsidies
- Some states restrict or don't allow short-term plans
Is Short-Term Coverage Right for You?
Short-term plans can be a good solution for specific situations, but it's important to understand what they do and don't cover. Let's discuss your circumstances and determine if this type of coverage makes sense for you.