Short Term Health Insurance: Do You Need It?

There are different kinds of health insurance plans available today. However, you may want to know more about the short term health insurance plan. You will most probably ask who this health care plan are for and why is it being offered to people? You will be surprised as to the number of people who needs this plan at some stage in their life.

So, who needs the short term health care plan?

For starters, this type of plan is very in demand for people who recently graduated from college. Even if they have been covered by a large health care plan policy in their college years, you have to remember that they become unsuitable for coverage once they graduate. So, in order to keep themselves protected after graduating from college, they often get a short term health care plan until they find a job that offers a long term health care plan.

Also, people who were recently employed in a company are getting the short term health care plan. You need to consider the fact that newly employed individuals is still not covered by the long term health care plan that the company offers to their employees. This is because the large insurance companies will require a certain period of time before they can let the new employees become entitled to the long term plan.

There are basically three types of short term health insurance plans. There is the twelve month insurance policy, the twenty four month insurance policy up to the thirty six month insurance policy. In most cases the twelve month policy is what most health insurance company offer. However, some companies also give the twenty four and thirty six month policies.

You also need to remember that most short term health care plan doesn’t cover preexisting medical conditions. What this means is that if you already have an illness before you got the insurance, then you have to expect that the short term health care policy you take out will not be able to cover the illness that you are already suffering from.

There are also exceptions in short term insurance. You need to remember that most short term health care plans will not cover preventive treatments. As a matter of fact, you will see that short term health insurance policies will have far less coverage than your regular or common health care plan. These are the things that you need to remember about short term insurance policies.