

Are you shopping for health insurance plans? Are you not sure whether to choose short-term or long-term insurance plans? This blog will help you understand the difference between the two plans. Read on.
Short-term health insurance plans are health insurance plans that can provide you with temporary medical coverage when you are between health plans, outside enrollment periods, and need some coverage in case of an emergency. They are valid for a shorter duration of time in comparison to a long-term plan. Though both health insurance plans offer similar coverage, the validity of the former is less. The policy period is usually less than 12 months. You can choose your own policy maximum and deductible, giving you full control of your coverage and price.
Each plan is different, hence the coverage may differ. It is ideal to read the brochure before selecting a plan. Generally, the following things may be covered:
Since these plans cover you for a year, these will not cover long-term conditions like maternity, mental health, and pre-existing conditions. These policies will provide coverage for any new illnesses, injuries, accidents, or wounds.
Choose your Plan: Many different plan designs are available, depending on insurance carrier
Short-term plans may work well for both individuals and families. Short term plans were created to help fill temporary gaps in coverage that can occur in certain situations when you are between health plans, outside enrollment periods, and need some coverage in case of an emergency. Short term plans cannot replace the traditional long-term plans as they have limited coverage and typically exclude coverage for pre-existing conditions, complete preventative care, maternity, mental health, and more.
A long-term health insurance plan are annual coverage plans and offer coverage for more time in comparison to a short-term insurance plan. Typically, these type of plans are renewable annually for people who wish to stick to one plan for a longer time. Long-term coverage plans are less flexible but come with a higher level of coverage.
Though each plan is different, read the policy to understand what it includes and what does not. Generally, the plans may cover the following:
No insurance plan will cover everything, but long-term options offer better coverage like preventive care, maternity, pre-existing conditions, wellness visits, and more.
These plans may be ideal for individuals, and families needing coverage for more than a year. They may work well for international students because they can keep the same policy throughout their academic programs. Anyone with pre-existing conditions or needing maternity coverage may opt for a long-term plan.
Do you need more assistance regarding the same? Call Visitor Guard®!