Short term health insurance is temporary health coverage designed to protect policyholders from being without coverage for a short, specified period of time. Student health insurance is coverage offered to students attending college who are no longer on their parents’ insurance policies. Student health insurance plans are designed to protect students in the event that they need medical attention. The potential for out of pocket costs associated with not having insurance is significant so students should have some kind of coverage.
Understanding Short Term Health Insurance
The principle idea behind a short term policy is to bridge a gap in health insurance coverage; such gaps exist for any number of reasons. It is best not to let one health insurance policy expire before another one starts, and at times this just is not possible. Short term medical allows policyholders to take out a temporary policy for a short period of time to protect themselves from having to pay out of pocket expenses for potential health care needs.
Student Health Insurance
Student health insurance is technically short term, to the extent that the coverage protects student for the duration of their college experience. This type of health insurance is a convenient coverage plan offered to students by most colleges and universities. Colleges support the need for students to have health insurance and the policies offered to students are great for those who would otherwise be without coverage.
Investigate Policy Limitations
Student health insurance frequently has many limitations on what the policy will cover or on the amount that the policy will pay toward some treatments. In light of this, students should compare their health insurance with other options available to them. Many of them may have other options, such as a parental policy that they could be added to if they are under 26, or an individual plan. Private or individual policies may be a more advantageous way to go if the premium and benefits are comparable to or better than the college offering.
Signing up for a Plan
Signing up for a short term health insurance policy for students is generally quite simple. Short term health insurance applications are typically not as complex as other insurance applications. Many students may be put off from filling out the paperwork because it may seem overwhelming. Students will want to set a window of time that they can utilize to fill out the application for their health insurance because it is important to answer the questions honestly and accurately.
Health insurance plans vary so greatly because not everyone has the same needs at the same time. Student short term health insurance is a product designed specifically for college students, allowing them to bridge the gap between policies and plans. Basically, insured people should not allow themselves to be without coverage for health care if they can prevent it. Short term medical can be just what they need to protect themselves from out of pocket expenses during a short gap in coverage.