Short-term health insurance
In the United States, short-term health insurance (STHI) or short-term, limited-duration insurance (STLDI)[1] refers to health insurance plans with a limited duration, typically several months to a year.[2] These plans were initially geared toward people who need temporary medical insurance to bridge the gap between longer-term plans. For instance, people who are switching employers, starting graduate school, or young adults who have become ineligible for coverage under their parents' plans and are searching for their own insurance might use a short-term insurance plan until obtaining a more permanent solution.[3]
Short-term, limited-duration health care plans are not available for purchase on HealthCare.gov or health insurance marketplaces in most states. They are not eligible for federal financial aid but the monthly healthcare premiums may be less expensive.[4]
Short-term health insurance plans are exempt from most insurance regulations established by the
Short-term plans were not considered "adequate coverage" under the
References
- ^ "Short-Term, Limited-Duration Insurance" (PDF). Federal Register. 83 (150): 38212–38243. 2018-08-03. Retrieved 7 March 2019.
- ^ Is Temporary Health Insurance Right for You?
- ^ Sousa, J.L. (2019-02-20). "Health Insurance Guys: Can't get no satisfaction: getting insurance when you need it". Napa Valley Register. Retrieved 7 March 2019.
- ^ Malhi, Sabrina (5 December 2018). "Health-care marketplace confusion — here are all of the facts". The Hill. Retrieved 7 March 2019.
- ^ Pope, Chris (6 May 2019). "Renewable Term Health Insurance". Manhattan Institute. Retrieved 15 January 2020.
- ^ Don't Get Short-Changed by Short-Term Medical Insurance - US News
- ^ Pear, Robert (27 October 2018). "Shopping for Insurance? Don't Expect Much Help Navigating Plans". The New York Times. Retrieved 7 March 2019.
- ^ Sanger-Katz, Margot (1 August 2018). "What to Know Before You Buy Short-Term Health Insurance". The New York Times. Retrieved 7 March 2019.
- ^ ‘Short Term’ Health Insurance? Up to 3 Years Under New Trump Policy
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- ^ How CBO Defines and Estimates Health Insurance Coverage for People Under Age 65