Temporary Health Insurance Frequently Asked Questions (FAQs)
****Short Term Health Insurance is temporary health insurance coverage for 30 days to 12 months ****(actually the length of coverage available for this type of insurance varies from company to ****company from six to thirty-six months.
Q. Who needs short term health insurance coverage? A. Short Term Health Insurance is an ideal, affordable type of medical insurance for those who are: unemployed, in between jobs, recent college graduates, in need of an alternative to COBRA. ***
Health Insurance -Choose and compare leading insurance plans and companies. Apply and buy online. *** Q. Who is eligible for short term health insurance coverage?
A. You and your spouse (to 64 years and 11 months) and your unmarried dependent children (between age 15 days to 19 or 23 if a full-time student) that live with you may apply for coverage. To be considered for coverage, proposed Insureds must not: Child(ren) alone can apply and are to use the 0-24 premium rate (male or female, based on their gender) for the youngest child; and the per child rate for each of the child siblings to be insured. The minimum age for a child only coverage is 15 days old. The application must be completed and signed by the parent or legal guardian. *** Q. How does temporary health insurance coverage work? A. The benefit options for covered expenses are per insured person per coverage period. First, you meet your deductible. Choose from four options: $250, $500, $1,000 or $2,000 for example. Then the insurance company pays 80% (for example, may vary according to your policy taken) of the next *$10,000 (or agreed amount in your policy) of covered expenses. After this, the insurance company pays 100% of covered expenses up to your lifetime maximum of $1 million.
*Co-insurance will vary to $5,000 in the following states: *** Q. Once my coverage is issued, do I have the option to select my doctors, hospitals and medical providers? A. Yes. You have the freedom to select the doctors and hospitals of your choice. This plan is not an HMO or PPO. *** Q. How long may I be insured under this temporary plan? A. Temporary or Short term medical insurance is issued for a temporary need and terminates at the end of the period applied for. If the need for temporary health insurance continues, you may apply for another new coverage period.
Your application is subject to the eligibility and underwriting requirements. Furthermore the coverage is not continuous. Any condition that incurred expense during the last coverage period will be treated as a Pre-Existing Condition, and excluded under the next coverage period. Applicants over the age of 64 are not eligible to re-apply for coverage. *** Q. What are the coverage limits under this plan? A. This plan normally pays a lifetime maximum of $1,000,000 for each insured. Please refer to the Exclusions and Limitations section for all limitations. *** Q. Are pre-existing conditions covered under temporary health insurance? A. This plan does not provide benefits for pre-existing conditions, work related conditions, or preventive care. If you or a dependent have an existing health condition, you may want to consult with your independent insurance agent prior to applying for or changing health/medical insurance. Insurance fraud is a crime. Any person who, with intent to defraud or knowingly facilitates a fraud against an insurer, submits an application or files a claim containing false, deceptive and/or incomplete information is subject to civil and criminal prosecution. *** Q. Are there expenses not covered under this plan? A. Yes, this plan is designed to protect you in the event of an illness or injury and is not meant to cover routine exams and preventive care. Short-term medical insurance is for temporary coverage only and therefore does not include some of the benefits a permanent health plan offers. Please refer to the Exclusions and Limitations section of any proposed policy. *** Q. How do I apply for short term health insurance coverage? A. *** Q. Can I get a refund of my premium if I am not satisfied? A. Once you receive your Certificate or Policy, carefully review all information. If you are not satisfied for any reason, return the Certificate (within 10 days of receipt) with your written request for cancellation. Normally coverage will be cancelled as of the effective date and you'll receive a full premium refund (minus admin fees and dues), no questions asked. *** Q. How is temporary health insurance coverage billed? A. After submitting your enrollment form with first month's premium, you will then be billed monthly or you can choose to prepay. You indicate on your enrollment form how you wish to pay for your coverage. You may elect to be billed for the monthly premiums (plus the administration fee), OR you can select one of the other two payment methods: (1) Automatic Pre-authorized Bank Withdrawal; or (2) Credit Card - MasterCard, Visa and Discover are frequently accepted. *** Q. When does my temporary health insurance coverage begin? A. The insurance can be effective as early as 12:01 a.m. the next day after the transmission date. However, the applicant can choose a later effective date not to exceed 60 days from transmission date. Coverage ends on termination date listed in your policy.
Coverage and pricing varies from company to company. I recommend that you compare several different companies for their offerings. |