Short Term Medical Quote
Free Instant Online Short Term Quote, Pick An A-rated Carrier Below.
About Short Term Insurance
Short-term insurance is health coverage, which was available typically for periods from 30 to 90 days. But after this year, Congress passed a new law so it is available also for 12 months. For many situations or incidents, the short-term health insurance proves to be the best solution of all. Especially, if you have no prior health conditions, these plans could be a great substitute for your major medical insurance.
How It Works
When Can I Enroll For Short Term Health Plan
Typically you can enroll in Short Term anytime during the year. During Obamacare open enrollment periods, anyone can sign up for traditional major medical insurance. However, outside of open enrollment periods, you must experience a “qualifying life event,” such as marriage, the birth of a child, loss of employer-based coverage, etc. before you can enroll in major medical coverage. If you need health insurance now but haven’t experienced a qualifying life event, short-term health insurance is a good option.
The Process
Short-term health insurance is pretty easy to sign up, there is usually no medical screening. Usually, carriers can lookup your prescriptions to know your situation automatically. Once you decide which carrier and plan you wanted to go with, the check out process can be done in 5 minuted and have coverage as soon as the next day. With most carriers, all you will have to do is create an account with the carrier, pay the premium and sign some e-docs. That’s it, a pretty streamline process.
Short Term Health Insurance Plans | ACA Health Insurance Plans | |
---|---|---|
Availability of coverage? | As early as the next day after you apply. | Apply during Open Enrollment (or during a Special Enrollment with a qualifying event). |
Length of coverage? | The federal Final Rule allows for terms of up to 364 days, though states have final authority to regulate that. You can apply for an additional short term plans if you need longer coverage. | 364 days or as long as you continue to pay the premium or as long at that particular health plan is available. |
Type of coverage? | Comprehensive medical insurance coverage. Coverage varies by plan, and plans are NOT required to include the 10 essential health benefits required by the ACA. | Comprehensive medical insurance coverage. All plans include the 10 essential health benefits required by the ACA. |
Monthly costs? | Generally cost less than ACA health plans | Generally more expensive than Short Term health plans, but tax subsidies may reduce your costs. |
Is preventive care included? | Preventive care coverage, if included, is limited. | Yes. Preventive care is one of the 10 essential health benefits required in all ACA health plans. |
Rx drug coverage? | Available with some carriers, others have discount cards. | Yes. All ACA plans have Rx drug coverage. |
What network is included? | Varies by carrier, but usually an open ppo network. | Access to a network that varies by location. |
Are referrals required? | No primary care physician/specialist referrals are required. | Most plans require referrals. |
Is there coverage for preexisting conditions? | No. Even if you are approved for a Short Term health plan, preexisting conditions are not covered. Previously covered conditions will be considered preexisting under subsequent policies. | Yes. ACA plans are guarantee issue, meaning you cannot be turned down for coverage and your preexisting conditions would be covered. |
Why choose Short-Term insurance over all others?
The short-term plans are much cheaper then all others while providing almost equal benefits and coverage. There are people, who can afford regular major medical policies but, they don’t use many medical services hence, there is less return on the investments. For such people, choosing short-term remains the best option.
Next, comes the long tiring process needed to get hold of one plan. You must apply during open enrollment with lots of paperwork, referrals etc. Once, you fulfill all the detailing; you have to wait for days to get approved to the policy.
If you feel like that the short-term insurance does not offer enough of the coverage, you may also purchase or select the additional catastrophic insurance plans to enhance your short-term policy. Cash payouts from catastrophic insurance plans allow users to pay medical bills and also to replace their lost income.
What do you get for paying monthly premiums?
networks of covered doctors and hospitals. When you visit an in-network medical
care provider you benefit from discounted rates for the care you receive.
Out-of-pocket Maximum: Depending on the kind of care you receive, and on your
plan, you may need to make a copayment or pay for certain services out-of-pocket
(toward your deductible of coinsurance, for example). Your plan’s out-of-pocket
maximum is the most you could potentially have to pay toward covered medical
services before the insurer pays in full for all the covered medical care you receive,
up to the coverage maximum.
Coverage Maximum: Most short-term health insurance plans put a limit on the total
amount of coverage they will provide. Your plan’s coverage maximum is the upper
limit of your coverage for qualifying medical services
What benefits are provided to you by your short-term plan?
plans, though a copayment or an annual deductible may apply. Some plans may
limit the number of visits covered or exclude certain types of doctor visits.
Emergency Care Benefits: If you receive emergency care, but are not admitted
to the hospital, some plans will pay a set dollar amount for different types of
emergency care, like visits to the ER or trips in an ambulance. Some plans have
co-payments for these types of care, or may only pay a percentage of the cost.
Hospitalization: Though cost-sharing may apply, short-term plans are primarily
designed to provide you with coverage in case of a serious accident or
unexpected injury. Coverage for hospitalization may vary by plan and may be
capped at a specific dollar amount. Cost-sharing (copayments, deductibles,
and coinsurance) will vary by plan.
What forms of cost sharing to short-term plans involve?
copayment, which is a set dollar amount you contribute toward the total bill.
Deductibles: Almost all short-term plans involve annual deductibles. Your annual
deductible is a set dollar amount that you must first contribute towards covered
medical care before the insurance company begins to pay for certain covered
medical services.
Coinsurance: Some short-term plans involve another form of cost sharing known as
coinsurance. When you pay coinsurance, you’re typically paying a certain percentage
of the cost for a covered medical procedure, while the insurer pays the rest
How do I use my Short Term Health Plan?
What don’t short-term insurance plans cover?
You must always consult your specific plan in detail to see which medical conditions you require and which medical conditional are covered or excluded.
When do these short-term insurances come in handy?
- When You can’t afford Marketplace Prices and you are healthy.
- When you are switching between jobs
- Waiting for medical care
- Losing coverage following divorce or separation or death of any partner
- Below the age of 65 and in good health
- Waiting for your Affordable Care Act coverage to begin
- Rolling off your parent’s insurance
- Arrival on unexpected injury or illness
In cases like these, or to cater some other short-term needs, you can choose the policy offering similar terms. These policies are not guaranteed-issue; based upon your answers to the medical questionnaire about current and previous health status, the coverage will be decided. Short-term plans are not usually suited to people with pre-existing conditions, as they aren’t covered.

Local Office In Aurora IL, But Service All Chicago IL And Suburban Areas!
ABOUT US
We help people find the best insurance plan for Health, Life, Home and Auto Insurance. We only contract with America's Top Rated carriers.
LICENSED: IL, TX, MI, NM, SC, AR
- Advantages Of Short Term Medical Insurance
- What Is Wedding Insurance?
- Difference Between Various Homeowners Policies
- Final Expense Explained
- What Is Renters Insurance?
- What Is Commercial Auto Insurance?
- Business General Liability Insurance Explained
- Motorcycle Insurance Explained
- Why Whole Life Insurance
- Car Insurance Explained
CONTACT US
(331) 444-2831
info@landofinsurance.com
Chicago, IL
ABOUT US
We help people find the best insurance plan for Health, Life, Home and Auto Insurance. We only contract with America's Top Rated carriers.
LICENSED: IL, TX, NM, MI, SC, AR
(331) 444-2831
info@landofinsurance.com
Chicago, IL