Tracy McManamon, President of One Source Benefits, your reliable partner in your quest for health coverage, will personally assist you in obtaining affordable short-term health insurance.
A short-term health insurance plan is a temporary alternative to traditional individual medical insurancecoverage and can help tide over special circumstances. They are formulated tohelp people who have temporary health insurances needs. The coverage periodcan range from one month to as long as eleven months.
Short-term plans are ideal if you are:
One of the unique features of short-term insurance is that a policy can have aneffective date of coverage as early as the day it is postmarked orelectronically submitted through an agent. This means coverage begins almostimmediately. A few of the many ways short-term plans are different fromtraditional individual health insurance policies are:
When looking to purchase a new plan, you have several options:
· You can reapply for a new Short Term policy: If you are able to meet therequirements, most companies allow you to reapply at least once for a newplan. It is important to note that these plans do NOT meet the minimumessential benefits under –
If you experience a qualifying event, you are eligible to purchase a majormedical plan under Obamacare outside of the normal enrollment period. Yourshort-term policy expiring is not considered a qualifying event.· Wait until open enrollment begins: You can always choose to wait until theopen enrollment period opens once again for Obamacare enrollment.
· You can discuss your eligibility and application with one of ourexperienced agents who can help you choose the option that is best foryou.· If you are concerned about a gap in coverage, you can adjust your effectivedate.
If you have not developed any health conditions that would make youineligible for this coverage: then you can purchase a new Short Term healthplan.
If you have a condition that disqualifies you: then you will not be able topurchase a new Short Term health plan, as they do not cover pre-existingconditions.
· Example 1. Broken leg. If you broke your leg while enrolled in your firstShort Term plan, you will be eligible to purchase a new Short Term plan.However, any medical expenses related to your injury will not be covered bythe new plan.· Example 2. Cancer. If you develop any form of cancer while enrolled in yourfirst Short Term plan you will not be eligible to purchase a new plan onceyour enrollment period ends.
While you would not be eligible for a Short Term policy, you can purchase amajor medical plan once open enrollment begins or during the specialenrollment period if you experience a qualifying event.
· Yes, if you wish to purchase an Obamacare plan with subsidy eligibility,you can purchase a new plan at any time as long as you meet the requirementsfor a qualifying event. These events include but are not limited to birth oradoption of a child, change in subsidy eligibility and marriage. However, ifyou are purchasing a plan OFF-EXCHANGE, a major medical plan can be purchasedat any time.· Not until open enrollment periods. Unless you meet the requirements listedabove, you cannot purchase an Obamacare plan at any time. What this means isthat you choose not to purchase a new Short Term plan or are unable to and youdo not have coverage until January 1, 2018 then you may experience a gap inyour coverage.
You’re a only a moment away from expert answers to your most critical insurance questions.