A Brief Review About Short Term Coverage Health Insurance
A short term affordable health insurance is a type of insurance that covers the benefit for a shorter period. This insurance provides some limited facilities and is different from normal insurance. These insurance are cover the cost of some basic facilities like doctors’ checkups, prescription drugs, or any medical emergency like an accident; these insurances do not cover the major medical requirements like dental care, cost of any surgery, eye care, mental care, etc. And not every people can buy this insurance as some rules restrict only people with some medical condition can apply for this insurance. These insurances are provided by private companies and are very less in number, and the policy also depends from state to state. In this article, we will discuss the advantages and disadvantages of short term coverage health insurance.
Advantages of Short Term Insurances
- It protects you from any emergency illness or any serious accidents.
- It helps you to cover the secondary medical cost that is not covered in your regular insurance, which helps you to save some of your money.
- Most of the companies provide their customers with easy cancellation of the policy without any extra charges and also allow you to make some changes if it is required.
- You can easily select the best short term health insurance plans as there are many kinds of insurance that you can select according to your requirement.
- These insurances are usually very cheap compared to regular insurance and also have a very low premium per month, which makes it affordable and a convenient option for everyone.
- Short term health insurance covers all kinds of doctor visits and also gives you the freedom to choose any physician of your choice, which is sometimes restricted in normal health insurance as it has only certain limitations of doctor visits and also does not allow you to choose the physician of your choice.
- Some of these plans also cover the cost of some home care facilities, like private nursing or any other services related to it.
- The open enrolment for health insurance is available throughout the year and can be easily purchased anytime.
Disadvantages Of Short Term Health Insurance
- Usually, it is noticed that the user ends up paying a higher deductible than normal health insurance.
- This insurance does not provide coverage throughout your life and only stays valid for a shorter time.
- These insurances are idle for emergency purposes but do not cover any major medical services like maternal care or major surgery.
- These kinds of insurance change every year, and you may not be able to enjoy the same benefits that were provided earlier.
- As a very limited number of companies are there who provide these services, sometimes it becomes very difficult to find a perfect policy for yourself.
These kinds of insurances are purchased when someone has a low budget or have faced a certain medical emergency that requires immediate funding. But these kinds of insurances only provide the benefits for a short duration of time and do not cover any major requirements. For more details, Visit www.consumercoverage.com