Affordable temporal health insurance is a concern for many these days. With rising medical costs, it can be difficult to find temporary insurance plans that provide adequate coverage while remaining within budget.
In this blog post, I’ll explore some of the most frequently asked questions about Secure Your Health and its affordable temporal health insurance offerings. Getting the right coverage during transitional life stages is key to maintaining health and financial stability.
Types of Insurance Plans that Secure Your Health Offer
Secure Your Health focuses on short-term health insurance plans that are designed to bridge gaps in coverage during life transitions.
They offer temporary plans that last from 1 to 12 months. These plans can cover expenses for injuries, illnesses, doctor visits, ER care, prescriptions, and more.
The short-term plans come in PPO and HMO options to allow enrollees to choose networks and providers. Some key features of Secure Your Health’s short-term health plans include:
- Duration of 1 to 12 months
- PPO and HMO network options
- Coverage for injuries, illnesses, doctor visits, ER care
- Prescription drug coverage
- Maternity coverage is available on some plans
- Deductibles from $1,000 to $10,000
- Out-of-pocket maximums from $1,500 to $15,000
Some Examples of Short-term Health Insurance Plans’ Usefulness
There are a few transitional life stages when Secure Your Health’s short-term health plans can be especially useful:
- Between jobs – Avoid going uninsured when transitioning between employers
- Waiting for Medicare coverage to start – Bridge the gap if retiring before age 65
- Waiting for marketplace plan enrollment – Cover the time between marketplace enrollment periods
- College students – Supplement student health center care
- Recent graduates – Affordable option before landing first post-grad job
- Missed marketplace enrollment – Pick up coverage until you can enroll again
- Divorce – Maintain coverage after getting dropped from a spouse’s plan
Having a short-term plan for these transitional times ensures you’ll still have health insurance coverage in place.
How the Enrollment Process Works
Enrolling in a Secure Your Health short-term health insurance plan is straightforward:
- Compare plans – Use the online quoting tool to view pricing and details for available plans. Consider factors like premium cost, deductible, doctor/hospital networks, and prescription coverage.
- Complete application – Fill out a short health questionnaire to provide the details needed to generate a coverage offer. This is not a full medical underwriting.
- Get a quote – Quickly receive a premium quote for the plan(s) matched to your needs and budget.
- Select plan – Pick the ideal plan and pay the first month’s premium to activate coverage.
- Coverage starts – Your plan will be effective as soon as the day after applying in most cases. Print ID cards and book appointments right away.
The streamlined process takes just minutes, with no waiting periods or hidden fees.
Short-term Health Insurance Plan Costs
Secure Your Health offers a range of plans at various price points.
Typical costs fall into these ranges:
- Individual plans – $100 to $300 per month
- Couple plans – $200 to $600 per month
- Family plans – $300 to $800 per month
Each plan’s premium cost will depend on:
- Age of enrolled members
- Location/State
- Coverage benefits selected
- Plan duration
- Deductible amount
Use the quoting tool to see the exact pricing for your situation.
Short-term plan premiums are typically 40-60% less than conventional options.
Medical Services Covered by Short-term Health Insurance Plans
Short-term health plans cover a wide range of essential services:
- Doctor office visits
- Urgent care facility visits
- ER and hospital care
- Surgical procedures
- Lab tests and imaging
- Prescription medications
- Preventive services
- Medical equipment and supplies
- Ambulance transportation
Maternity care can also be included in select short-term plans. Always check details of a specific plan’s benefits before enrolling.
Some limitations may apply.
Do the Plans Meet ACA Requirements and Qualify as Minimum Essential Coverage?
The short-term health insurance plans offered by Secure Your Health do not meet ACA requirements to qualify as minimum essential coverage.
These streamlined plans are exempt from many ACA regulations that drive up the costs of conventional plans.
As a result, the short-term plans will not satisfy the individual mandate penalty.
Can the Short-term Plans Reject Applicants or Deny Claims Due to Pre-existing Conditions?
Yes, Secure Your Health’s short-term plans can still medically underwrite applicants and deny coverage due to pre-existing conditions.
The short application asks for your recent medical history. Undisclosed pre-existing conditions may also lead to rescission of benefits later.
These non-ACA-compliant plans do not have guaranteed issue protections. Review details carefully to understand how pre-existing conditions are handled.
How Long can a Short-term Health Insurance Plan be kept in Force?
Secure Your Health’s short-term plans can provide coverage from 1 to 12 months under a single contract.
In most states, you are allowed to renew a short-term plan for up to 36 months. However, renewal may trigger a new medical underwriting process and premium recalculation.
Longer durations of short-term plans may require state regulatory approval. Check when applying to confirm coverage duration limits for your situation.
Key Takeaways
- Secure Your Health offers affordable short-term health insurance plans
- Short-term plans provide temporary coverage for 1-12 months
- Useful during transitions between major medical policies
- Streamlined enrollment without waiting periods
- 40-60% cheaper than conventional insurance
- Do not meet ACA requirements or cover pre-existing conditions
Conclusion
- Secure Your Health provides a great option for low-cost medical coverage during times of transition
- Short-term plans bridge gaps between regular policies during life changes
- Limitations exist, so read the plan details carefully before enrolling
- Compare personalized quotes to find the right affordable fit
FAQ About Affordable Temporal Health Insurance
What is short-term health insurance?
Short-term health insurance provides temporary health coverage for people transitioning between comprehensive major medical policies. Plan durations range from 1-12 months.
When would someone need short-term health insurance?
It can help in situations like job loss, college graduation, divorce, early retirement, or waiting for new enrollment periods.
What benefits do short-term health insurance plans offer?
They typically cover doctor visits, ER care, hospitalization, surgery, prescriptions, lab tests, and more. Some offer maternity and preventive care.
How is it different from ACA plans?
Short-term plans don’t meet ACA requirements, so they often cost 40-60% less. But they can exclude pre-existing conditions and don’t satisfy the individual mandate.
How long can you be on a short-term health insurance plan?
You can be covered for 1-12 months initially. In most states, you can renew for up to 36 months before a new plan is required.