Health insurance is becoming more accessible thanks to the presence of programs such as the Affordable Care Act (ACA). People can now get the health coverage they need easily, without having to deal with high insurance premium or complicated screening process. The insurance coverage itself has also been improved.
Despite these improvements, there are still times when you may struggle to get proper health insurance coverage due to gaps that are not filled properly by the latest regulations and the available products. These are the times when a short-term health insurance plan can come in handy.
You’re Starting a New Job
Settling into a new job is always exciting. You’re getting to know your new co-workers, setting up your desk or office and getting comfortable, and of course getting all the paperwork sorted. One of the challenges of starting a new job is getting new health insurance coverage from your employer. There may be a gap between the time your old insurance expires and the time the new policy kicks in.
A short-term health insurance plan can be used to fill this gap. The best policies from providers such as Pivot Health can be set to provide days or weeks of health insurance coverage. These short-term plans are also very affordable, allowing you to settle into the new job without a problem.
You’re Between Jobs
The market has grown rapidly these past few years, but that doesn’t mean finding a job is easier. The expanding market is more competitive than ever, which means you may have to spend some time before you can land the job you want.
For many job seekers, going on a job hunt for months often means living without health insurance coverage. It can be because the old insurance policy has expired or the available plans are just too expensive; when you have no income, getting a proper insurance policy is likely not at the top of your list of priorities.
Thankfully, a short-term health insurance plan can be used for an extended period of time. The insurance policy can be set to provide coverage for as long as 12 months at the same low rate as shorter policies. You can also customize the health coverage to provide basic coverage while keeping the plan as affordable as it can be.
You’re Retiring
The last situation where a short-term health insurance plan can be handy to have is when you’re retiring. Medicare will soon kick in and you will have the health coverage you need, but there can still be a gap between the start of the new plan and the expiry date of the old one. Similar to the previous conditions, a short-term health insurance policy is the perfect instrument to fill that gap.
From these situations, it is easy to conclude that one of the main purposes of a short-term health insurance is to fill gaps between insurance plans. Even better, the best short-term health plans we have today can be acquired for as little as $2 per day, making these plans the perfect temporary solution to your health insurance needs.