Considering Short-Term Personal Health Insurance

2007-06-20 15:49:53

( Health )



Life is full of uncertainties. You do not have control over certain events such as sickness, unemployment, retirement and many others that could happen in your life. In these situations, short-term personal health insurance can be an alternative.

Simply put, this kind of insurance provides coverage for a pre-determined time period. For example, you might need blue cross health insurance during your temporary unemployment. Short-term insurance offers coverage for the most common medical situations found in traditional plans but with some modifications. Generally, a short-term personal health insurance is an indemnity plan. Moreover, with this kind of insurance, consultations, dental and optical coverage are not part of the package. There is no coverage for pre-existing conditions or sicknesses or injuries that has something to do with employment. However, the most common emergency benefits like laboratory and x-ray, ambulance, among others are included in the plan.

What Do These Plans Cover?

As an indemnity plan, short-term personal health insurance does not provide coverage for preventive care such as physical check-ups, and dental or optical coverage. There is no coverage for diagnosed pre-existing medical conditions. Injuries related to the exercise of occupation is not included in the package as well.

However, it provides coverage for medical care during times of emergency, prescribed medicines, hospitalization needs, laboratory and x-ray, ambulance and hospice care.

Applying for Short-term Health Insurance

When considering a temporary personal health insurance, you need to consult an agent who is knowledgeable about such kind of health plan. Establish the duration of the coverage and its implementation. Clarify any concerns that may be bothering you. Examine the application for overseas health insurance to make sure that all necessary information is accurate before finally affixing your signature. However, do not forget to furnish yourself with the necessary documents.

The coverage method you selected will affect the cost of your short-term personal health insurance. To reduce your cost, consider a plan with higher deductibles with a 50/50 co-insurance option instead of the traditional 80/20 package. You may likewise include some add-ons on your policy. Considering the constant increase in costs of medicines, additional coverage may be more advantageous.

Finally, do not settle for the first temporary personal health insurance offer that you receive. Try to evaluate the different offers and then make your decision.


All rights Reserved © Tradenet Services srl
Do not duplicate or redistribute in any form.