When a life change leaves you without health insurance, you need coverage to get you through the transition period. With a short-term health insurance plan you can select the length of time (1 to 11 months in many states) and choose from a range of available deductible amounts and payment options. And when your needs change, you have the flexibility to drop your coverage at any time without a penalty.
A Short Term Health insurance plan may be right for you if you are:
- Between jobs or unemployed
- A young adult no longer covered under a parent's insurance plan
- An early retiree
- Waiting for other coverage to begin
Temporary insurance plans are usually more affordable than traditional individual health coverage. However, you may incur a tax penalty depending on the length of time you have a short term policy.