Short Term Health Insurance
The open enrollment period to invest in a health insurance plan for next year does not start until November 1st, but that does not mean you have to live without coverage. Even if you do not qualify for a special enrollment period, you may still have a chance to find temporary health care coverage. Keep these tips in mind to help you find the right policy for your needs.
- You can invest in temporary coverage anytime – you do not have to wait for open enrollment in order to invest in a policy. As soon as your application and payment are accepted, you will be approved for coverage within 24 hours.
- Most major health care insurers provide it – legitimate health insurance providers that have solid reputations will offer short-term care.
- It is only for a short term – short term health insurance is meant to provide coverage while you wait to enroll in a full policy, and typically will only provide protection from two months to a year.
- It does not comply with ACA guidelines – since short-term policies will only provide a minimum amount of coverage, they do not meet the minimum required limits for an Affordable Care Act policy, which means they do not have prescription drug coverage or preventative care.
- They are affordable – typically, the premiums that come with a short-term health care policy will be less expensive than what you will pay for an ACA qualified plan. The cost for your policy will stay the same throughout the term of the coverage.
For all of your health insurance needs, no matter if you are looking for a short-term plan or an ACA qualified plan, contact Steve Wilk Insurance Agency in Lombard, Illinois. We will work with you to make sure that you have the protection that you need at the right price.