You have probably been hearing about something called Medicare Part B give back benefit. It is all over print ads, TV commercials, and online ads.
Temporary Health Insurance
What Is Temporary Health Insurance?
Temporary health insurance, also referred to as short-term insurance, provides you with health insurance coverage for a limited period. Typically, the period can vary from 30 days up to a maximum of 365 days, depending on your state rules.
A temporary health insurance cover is designed to cover hospitalization, doctor office visits, emergency room care, and a few select lab tests. However, these limited insurance plans tend to have insurance terms similar to those of permanent insurance such as coinsurance, monthly premiums, and copays.
One of the top benefits of temporary health insurance is that it features an all-access pass to see any physician or visit any hospital. It doesn’t force you into a narrow and predetermined network of healthcare providers.
How Does Temporary Health Insurance Work?
Temporary health insurance works just like any other form of health insurance coverage. In exchange for your pre-determined monthly premiums, you get protection against all covered medical costs.
You can apply for this type of health insurance online, and your coverage will start as soon as your application is postmarked. Your out-of-pocket maximum will depend on the kind of medical care you receive and your plan.
In some cases, you may be required to make a copayment or pay for specific healthcare services out-of-pocket. It is also good to keep in mind that most short-term health insurance plans will put a limit on the total amount of coverage they can offer.
A significant number of them will have a coverage maximum of up to $2 million and may offer restricted benefits in comparison to long-term medical insurance policies
Contact Us Today for a Temporary Health Insurance Policy
Are you in the insurance marketplace for a short-term health insurance policy? Our licensed insurance agents are here to help you. Contact us today to discuss your short-term health insurance needs with one of our licensed insurance agents who will help you find an ideal coverage.
Benefits of Temporary Health Insurance Plans
Disclaimer: Not all temporary health insurance plans offer all of the above-mentioned benefits. Make sure you shop wisely for your plan. Sit down and figure out what is more important to you, then compare different plans. You should only go for a short-term health insurance plan that meets your needs and fits within your budget.