In some circumstances, such as a change in employment, Short-Term Medical Insurance may be necessary to help bridge the gap. With the right policy, you’ll gain access to temporary health insurance until you can enroll in a new major medical insurance policy through a new employer.
While a Short-Term Insurance policy can certainly help cover you in the event of an accident or injury, this type of plan often offers less comprehensive coverage compared to a major medical insurance plan. However, when you’re waiting for major medical insurance coverage to start or you need coverage between jobs, short-term medical insurance offers the solution.
Most short-term plan will come with low premiums and quick approval. They offer terms ranging from 30 days to about 12 months, but they won’t cover pre-existing conditions, and you’re not guaranteed to be approved for a short-term plan.