Short-term health insurance has always served as a temporary placeholder to help those without major medical coverage pay for unexpected health emergencies. Short-term health plans are also an attractive option for people in-between jobs who lost health coverage from their employers. However, the modern workforce is evolving, and today, 1 in 5 employees in America work under a contract and do not always receive health benefits from their workplace. Thankfully, unlike the traditional temporary insurance plans of old, the flexibility and affordability of short-term medical insurance can now be enjoyed for up to one year with the option to renew for up to two years, depending on your state.
Short-term health insurance can offer financial protection from unforeseen, expensive medical costs, and it might offer more coverage than you think. Short-term medical doesn’t cover as much as major medical insurance regulated by the ACA, but it could still provide you with the coverage you need at a lower price point. To find out what short-term health insurance covers, just keep scrolling.
Are you interested in learning more about short-term health insurance? If so, Vera Health can help you choose the right plan for your lifestyle, budget, and health needs. Chat with a Vera Health expert today by calling 844-961-9645, and get covered as soon as tomorrow!
This coverage is not required to comply with federal market requirements for health insurance, principally those contained in the Affordable Care Act. Be sure to check your policy carefully to make sure you are aware of any exclusions or limitations regarding coverage of preexisting conditions or health benefits (such as hospitalization, emergency services, maternity care, preventive care, prescription drugs, and mental health and substance use disorder services). If this coverage expires or you lose eligibility for this coverage, you might have to wait until an open enrollment period to get other health insurance coverage.