With open enrollment now over for most of the country, your only option for health insurance in 2021 might be short term health insurance. But you might be hesitant to try a short term plan. Maybe you’ve heard bad things about it, or you think the ads sound too good...
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4 Big Myths You Probably Believe About Short Term Health Insurance
You might have heard a lot about short term health insurance plans over the last few years. They’re billed as an alternative to pricier, more comprehensive plans sold under Obamacare. But these temporary health plans aren’t quite the same as their robust counterparts....
Watch Out for Scams When It Comes to Short Term Health Insurance
With the individual mandate provision of the Affordable Care Act coming to an end next year, short term health insurance plans are being marketed as Obamacare alternatives, and one particular marketing effort recently reported by Rhode Island Public Radio shows that...
HHS Reverses Short Term Health Insurance Duration Rule
On Wednesday, August 1st, HHS (The Department of Health & Human Services) announced that it is changing the three-month duration limitation imposed on short term health insurance by President Obama, to allow people to have these plans for 364 days (essentially an...
Proposed Changes to Association Health Plans
On March 6, the comment period ended for a proposed rule to revise the way association health plans (AHPs) are regulated by the Employee Benefits Security Administration of the Department of Labor. The proposed changes include allowing AHPs to offer plans across state...
Trump Proposal Worries Major Health Insurers
A White House proposal aimed to offer alternatives to Obamacare has prompted a group of insurance leaders to issue a warning about potential consequences. The proposed rule, which would allow individuals to obtain limited, short-term health insurance policies for up...
Deadline for Comments on Short-Term Health Insurance Proposal Expires
The deadline for comments on the Department of Health and Human Services proposal to give Americans a choice to buy short-term health insurance plans for one year has expired. According to the Washington Post, the agency received a multitude of responses asking the...
The Stats on Short Term Health Plans
Though traditionally used to bridge gaps between major medical health insurance policies, short term plans (STHPs) have grown in popularity over the last decade. For starters, these plans can fill a temporary lapse in major medical coverage, helping you offset costs...
Thinking About Joining a Healthcare Sharing Ministry? Here’s What You Need to Know
With healthcare premiums rising under the Affordable Care Act (ACA), many people are turning to healthcare sharing programs as an alternative to traditional health insurance. In fact, since the passage of the ACA in 2010, enrollment in healthcare sharing ministries...
Interstate Insurance Plans Could Become a Reality
On Thursday, January 4, the United States Department of Labor released a proposal that would allow interstate sale of health insurance policies. The policies may cost less but would not provide as much coverage as current coverage under plans that are compliant with...