Short-term medical insurance, also known as temporal medical insurance is not an alternative to the Affordable Care Act (ACA) compliant health insurance but a health insurance solution for the time being. An ACA compliant insurance plan offers a comprehensive solution whereas short-term insurance plan bridges the coverage gap that occurs due to any sudden change in lifestyle, residence, or job. There may be other reasons as well when a normal health insurance plan is not active but the individual wants to be insured. When does a short-term insurance plan work?
Essential health coverage under short-term medical insurance
Having suitable health insurance for the whole family is not a luxury or an option but one of the most essential decisions of your life. Short term plans have some restrictions, i.e. you cannot expect it to work as a normal insurance plan. It doesn’t generally cover prescription drugs purchased from retail counters, maternity expenses, or expenses related to pre-existing diseases. However, it includes physician’s consultation fee, surgery expenses, hospitalization expenses, emergency or critical care expenses for serious injury or illness, diagnostic expenses, and ambulance service.
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