Image result for Health InsuranceWith all the talk about health care in the news these days, its no wonder that trying to find the right health insurance plan can become a headache in a very short period of time. There are so many options and things to consider when getting health insurance quotes and comparisons. One option that has been added to our choices is Temporary Health Insurance.
So what exactly is Temporary Health Insurance, and is it a good option for you, Well, a lot of the details will depend on the health coverage provider, but the basic idea is that it is a health policy that helps to keep you covered during those transition times when there may be no other coverage options available.
For example, if you get laid off from your job, the law requires that you be offered to pay for your previous employer health benefit through COBRA. However, the rate of that coverage may be much more expensive than you can afford, especially now that you have less income. Short term health coverage allows you to take out a policy that will cover you instead of having to pay the higher insurance rates offered through the COBRA option.
Perhaps you are taking an early retirement, but you are not old enough to qualify for Medicare. Short term health coverage would give you the option to bridge the gap from when you retired to when you reach Medicare age.
When considering a temporary health insurance plan, some things to keep in mind are:
How high do you want your deductible to be,
How much total coverage do you want,
Do you want to be covered just for major things, like accidents and serious illnesses,
Do you also want coverage for those routine things, like mammograms, pap tests, or if you get the cold or flu,
If you decide to pay out of pocket for your routine checkups and exams, you can save considerably on the overall cost of the health insurance, and still feel safe knowing that you have the higher extended benefits there when you need them.
One other thing to keep in mind is that some short term coverage also may have lower maximum payouts for major medical situations. For example, a regular employee health plan may have a maximum of $1,000,000, but a temporary health insurance plan may top out at $500,000.
It is also very important to understand exactly what you are getting for your money. And that is why it is important to get health quote comparisons when considering temporary health coverage. More and more insurers are offering this option, but keep in mind that this kind of health insurance for individuals is not available in all states.

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