Temporary Medical Insurance
55Temporary medical insurance is perfect for those who are in a transitional period in their life. It is made for people who are healthy and are moving from one life event to another and do not have basic health care. Benefits cover a wide range, some individual policies cover up to $5 million.
Temporary medical insurance should only be used to cover a short-term lapse in insurance. Most of the plans are from 1 to 6 months and can be renewed a maximum of 36 months total. The application process is fast and easy.
One very important thing to remember is that this kind of medical insurance is not for you if you have a pre-existing condition. If you have had a condition during the last 36 months then this would be considered pre-existing. It is very important that you are honest when answering all questions of the application. If you do not then you could be denied any treatment that is related to your pre-existing condition.
Who Needs Temporary Medical Insurance?
The following groups of people are ideal candidates for temporary major medical insurance.
People Who Are Temporarly Out of Work:
When you lose your job you also lose your insurance. People that are between jobs are ideal candidates for cheap medical insurance because they lack the relatively large income their former job provided.
People That Just Got a Job:
Many times when you start a new job you have to wait for a certain period of time before you become eligible to join your companies health care plan. This waiting period can take up to 6 months after the day you join. Temporary medical insurance can fill this gap.
Recent College Graduates:
College grads are busy hunting for the perfect job. They need something that will make them happy, but they also need to be healthy. This is why many college grads seek jobs with good health insurance. However, they need coverage while they are hunting so temporary medical insurance fills this gap.
Those Waiting To Qualify For Standard Health Insurance:
Many people are left uncovered when they apply for private-market health policies. The approval process can take some time in some cases so temporary medical insurance can serve as a temporary solution as well as a backup in case you are not approved for your standard policy.
Those That Are Losing Their Dependant Status:
If you are not enrolled as a full-time student and you reach the cut-off age on your family medical insurance, you will be dropped from the policy. If this happens to you, you may be eligible for COBRA, however, the premiums can be very high. Getting temporary medical insurance will ensure that you have lower premiums while you search for a job.
Temporary Medical Insurance in the News
- After layoffs, Mercy Medical Center Merced sees influx of patients who have no insuranceMerced Sun-Star3 days ago
It was what is becoming an average day at Mercy Medical Center Merced's emergency room last Mon
- Oklahoma insurance scam leaves many without coverageThe Oklahoman28 hours ago
More than 100 Oklahomans are struggling to find health coverage after learning an insurance company was taking their premiums with no intention of paying claims.Bob Harper was days away from getting a pacemaker when he learned his insurance was fake. Joe Smith’s wife, Christy, was undergoing chemotherapy for cancer when he found out the $10,000-per-week treatment would not be covered.Harper, 62 ...
- Critical nursing scarcity loomingThe Columbus Dispatch1 second ago
The bad economy might make it seem as if there's no shortage of nurses in central Ohio, but experts say the situation is temporary.
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