Short-term health insurance plans are designed to cover individuals for a limited period. These plans do not have an open enrollment period like ACA plans. You can enroll in a short-term health insurance plan anytime during the year if you need coverage.
Short-term or temporary health insurance plans are often used by people who are between jobs or waiting for their employer-sponsored health insurance to begin.
Unlike traditional health insurance plans, which generally offer comprehensive benefits, short-term plans provide less coverage. They do not cover pre-existing conditions, routine medical needs or maternity coverage. As a result, these plans are less robust than traditional health insurance.
Individuals considering a short-term health insurance plan should carefully examine their needs and consider all of their options before enrolling in a plan. Short-term insurance plans are not required to comply with many of the consumer protections established by the Affordable Care Act (ACA). Many consumers do not understand how little coverage and financial protection short-term insurance offers. Unfortunately, short-term plans are harming consumers and leaving them with massive and unexpected healthcare bills.