Short-term health insurance is a perfect solution for individuals needing insurance in the interim, whether they are uninsured, unemployed, self-employed or just need an affordable insurance product that fits their monthly budget. They are convenient, and tailored to your needs. You can customize the length of your plan, choose from several deductible and coinsurance options and may allow for reapplication after coverage expires (option not available in all states).
SHORT-TERM MEDICAL EXPENSE (STM)
THIS IS NOT QUALIFYING HEALTH COVERAGE ("MINIMUM ESSENTIAL COVERAGE") THAT SATISFIES THE HEALTH COVERAGE REQUIREMENT OF THE AFFORDABLE CARE ACT. IF YOU DON'T HAVE MINIMUM ESSENTIAL COVERAGE, YOU MAY OWE AN ADDITIONAL PAYMENT WITH YOUR TAXES.
ALSO, THE TERMINATION OR LOSS OF THIS POLICY DOES NOT ENTITLE YOU TO A SPECIAL ENROLLMENT PERIOD TO PURCHASE A HEALTH BENEFIT PLAN THAT QUALIFIES AS MINIMUM ESSENTIAL COVERAGE OUTSIDE OF AN OPEN ENROLLMENT PERIOD.
THIS POLICY INCLUDES A PRE-EXISTING CONDITION EXCLUSION PROVISION.