Short Term Medical

Health insurance isn’t a luxury. It’s a necessity. With healthcare costs on the rise every year, a budget-friendly short term health insurance plan could help reduce those costs.

Short term health insurance isn’t limited by enrollment periods. You can apply for a plan anytime during the year. Plans are medically underwritten, which means you have to answer some health-related questions to apply. Short term health insurance plans do not provide coverage for preexisting conditions. Short term insurance may be particularly useful for you if you’re under age 64 and relatively healthy.

Great question! Short term health insurance is ideal for people who are in transition, those without access to major medical plans, or anyone with a gap in coverage without other options. More specifically, short term coverage might work for you in the following situations:

• Temporary alternativeMajor medical insurance is great, but is sometimes unavailable to you. Short term coverage can be a cost- effective, more limited alternative until the next time an Affordable Care Act plan is a realistic option for you.
• Job changesIf you’re between jobs or starting a new one, short term coverage can bridge the gap while you’re waiting for new work-based health insurance to start.
• Early retirementA short term health plan may be a good fit for you if you retired early but aren’t eligible for Medicare yet (age 65+). These plans can bridge the gap between coverage.
• On your ownTurning 26? You’ll soon lose access to your parents’ family health plan. Short term offers coverage when you’re branching out on your own.
• Self-employmentWork for yourself? Short term health insurance may be just the kind of coverage you’re looking for. It’s as flexible and convenient as your work situation.
• Family needsDifferent families have different health insurance needs. Short term plans can accommodate individuals, and in most states couples and even families with kids.

Short term health insurance plans can last from 30 days to nearly a full year in most states, and some plans are renewable for up to three years under current federal regulations. In other words, this temporary coverage can last for as little or as long as you need it to.

The beauty of short term health insurance is that you’re not locked into a lengthy contract. Get the coverage you need when you need it, and drop it when you’re ready to move on. No long-term commitment necessary.

Unlike major medical insurance, which has a specific enrollment period, there’s no limited signup window with UnitedHealthcare branded short term coverage from Golden Rule. You can apply for or drop your plan anytime throughout the year. It’s flexible coverage for life’s unexpected turns.

With short term health insurance, there’s no need to wait for a new calendar year or the first of the month to get started. Coverage can start as soon as the next day once you pay your premium in many cases.