| Short term health insurance is a great product for | | | | and you aren't? Then cover the children with |
| those transition periods between employers. The | | | | short-term health insurance and carry COBRA |
| policy offers options for the number of months | | | | coverage for yourself. This savings can still be |
| you want coverage and some allow a one-time | | | | substantial. |
| renewal without qualifying health questions. This | | | | HIPPA guarantees that you have the right to buy |
| feature is important, so read each application | | | | coverage and are exempt from the pre-existing |
| carefully. | | | | conditions exclusion if you follow a few steps. You |
| Today, no one can afford to go without health | | | | must have had 18 months of continuous |
| coverage. When you consider that a week in | | | | coverage under a group plan, use up any COBRA, |
| intensive care can run upward of $250,000, a | | | | not be eligible for Medicare or Medicaid and apply |
| major accident or illness can destroy your entire | | | | within 63 days of losing your previous coverage. |
| financial future. Even less catastrophic health | | | | Finding good health coverage in that period is |
| problems can set you back for years. Health | | | | imperative to those whose health is less than |
| insurance is the only affordable way to handle | | | | perfect. |
| most medical problems. If you develop a major | | | | If your need is just between jobs, between |
| medical problem when you don't have coverage, | | | | college and your first job, after retirement but |
| insurance companies can deny or postpone future | | | | not quite at Medicare, or while you wait for your |
| coverage due to pre-existing conditions. In other | | | | new employer's plan to start, then short-term |
| words, you don't want to go even for one | | | | health insurance may be just what you need. The |
| millisecond if you have a pre-existing condition, | | | | premiums are frequently a lot less expensive than |
| since with continuous coverage with no lapse in | | | | the traditional health care plan and coverage is |
| coverage, the pre-existing condition has no | | | | almost immediate in most cases. |
| bearing on your situation, but if you had even a | | | | If you determine that you have a need that is |
| momentary lapse in coverage can make your | | | | longer than short-term health policies cover, |
| pre-existing condition a coverage issue. | | | | consider a plan with a health care savings account |
| When you leave a job, you get the option for | | | | and a higher deductible. This type of plan is |
| coverage under COBRA. These plans are often | | | | particularly good for those that seldom go to the |
| quite expensive but very worthwhile if you have | | | | doctor. As the savings plan grows, you increase |
| pre-existing health conditions. If you and your | | | | your deductible, and therefore shrink you |
| family are healthy, then a short-term policy could | | | | premium payment even further. Don't forget to |
| mean hundreds of dollars of savings for you | | | | sign up for a short-term health policy while you |
| when you compare the rates to COBRA. If you | | | | wait for the company to accept you for |
| have pre-existing conditions, you may not be able | | | | coverage. No one can afford to go even one day |
| to get coverage. What if your children are healthy | | | | without some form of health insurance. |