23 Feb 2014

Use Short-Term Plans for Immediate, Stopgap Coverage

23 Feb 2014

Short-term plans do not meet Minimum Essential Coverage requirements for individuals under the Affordable Care Act.  But they do continue to fill a critical need, for individuals and families in common situations:

  • In a waiting period before employer health coverage begins
  • Long-term coverage through Covered CA or directly with a carrier doesn’t begin right away
  • Lost college/university coverage while on break from school
  • Want to delay purchasing more costly long-term coverage for as long as possible (see end-of-year strategy to save $1,000 here)
  • Missed the annual open enrollment period and need coverage until the next open enrollment

Click here to get instant quotes and apply for an HCC Life short-term plan

Most short-term plans have disappeared from the individual market, but we are pleased to offer short-term plans from HCC Life.  Plan deductibles are available from $250 to $7,500 with the most popular option a $2,500 deductible plan.  These plans offer many advantages:

  • Next-day coverage
  • Lower cost than the cheapest Bronze plans
  • Large network of PPO providers
  • Choose exact number of days needed, from 30 to 185 days of coverage
  • 20% discount by paying full premium up front vs. month-to-month

Click here to get instant quotes and apply for an HCC Life short-term plan

 

Leave a comment
More Posts
Comments
Comment