A short-term health insurance plan is coverage that lasts as few as 30 days or as many as 364 days, depending on personal needs and state laws. It is designed to be a temporary solution and is not intended as long-term medical health insurance coverage.
These short-term plans can be a good solution for someone who is between jobs, waiting for a new plan to start, or in-between open enrollment periods.
Here are five important things to know about short-term health insurance.
Think you may need short-term medical insurance? Double check that you don't qualify for any of the "Qualifying Life Events" which allow an individual to purchase an individual health insurance policy outside of open enrollment. Qualifying Life Events can include the following circumstances for an individual: