Short Term Medical

Short-term health insurance is a type of medical insurance designed to provide temporary coverage for a limited period, typically up to a year. It often serves as a bridge for people who are between jobs, waiting for other health insurance to begin, or need a temporary solution for unexpected coverage gaps. Unlike full major medical plans, short-term policies generally offer lower premiums but also come with limited benefits, higher out-of-pocket costs, and do not cover pre-existing conditions.

For example, consider Alex, who recently left a job to start a new one in two months. The new job offers comprehensive health benefits, but they don't kick in until the end of a 90-day probationary period. To ensure coverage during this transition, Alex opts for a short-term insurance plan. This choice provides Alex with the necessary peace of mind, knowing that in case of an unexpected illness or accident, they are covered without paying the higher premiums associated with full major medical insurance.