rss

Best Short Term Health Insurance in Missouri

[ad_1]

Are you between jobs, recently out of school or find yourself in the middle of another major life change? There are lots of reasons why you might want short term health insurance in Missouri. 

You might opt for short-term health insurance because it bridges the gap between 2 long-term insurance plans. 

Short-term health insurance has different coverage and premium options, so it’s important to do your research before you commit to a plan. We’ll go through everything you need to know, including the top 5 health insurance companies to look into.

The Best Short Term Health Insurance in Missouri:

Missouri Health Insurance Laws

Let’s take a look at a few state laws and facts about health insurance:

  • There’s no law in Missouri that requires employers to offer health insurance plans. Health insurance isn’t mandatory in Missouri.
  • Missouri participates in the federal health care Marketplace available through healthcare.gov. In 2019, 220,000 residents in Missouri received health care through the Marketplace exchange.
  • Most children and dependents can remain on a parent’s health insurance plan until age 26. Check the coverage details on your plan.

Open enrollment for traditional health care plans is closed in Missouri, which might be why you’re considering short-term health care coverage. Before you look into short-term plans, look into any state exemptions which might allow you to apply for traditional health insurance outside the open enrollment window.

What is Short-Term Health Insurance? 

Short-term health insurance plans are typically policies that you buy for a few months of coverage. However, a new law has extended short-term health insurance coverage for up to 12 months and allows you to renew for up to 3 years.

The major difference between short-term health insurance and traditional health insurance is the coverage options. Short-term health insurance often offers more affordable health insurance from month-to-month but won’t offer the same benefits or coverage options as traditional health insurance. In Missouri, most short-term health insurance providers will not offer coverage for any preexisting conditions, or conditions you had before starting your short-term health plan.

Short-term health insurance will typically cover a portion of expenses:

  • Doctor’s appointments
  • Emergency care
  • Inpatient and outpatient services
  • Prescription services
  • Physical therapy

The extent of coverage will vary across plans. Unlike traditional Affordable Care Act (ACA) health care plans, short-term health insurance plans do not have to adhere to the same rules. ACA providers must provide Missouri residents with insurance regardless of their health status but a short-term health insurance provider can reject you. If you have an ongoing or serious health concern, you may need to apply for several short-term health insurance policies before you’re accepted. You should also be prepared to potentially pay a higher premium.

Who Needs Short-Term Health Insurance?

It’s typically recommended to enroll in full health insurance but there are many cases where short-term health insurance might make the most sense. Here are a few scenarios where it might be smart to enroll in a short-term health insurance policy:

  • You just turned 26 and need insurance quickly. If you aren’t offered insurance through your job, are still finishing school or need time to find the right policy, short-term health insurance might make sense.
  • You’re between jobs. If you unexpectedly lost or decided to leave your job, you might want to enroll in short-term health insurance until you start a new job or your new benefits kick in.
  • You missed open enrollment. You may opt for short-term health insurance until you can enroll in a long-term plan.

Short-term health insurance may make the most sense if you need health insurance quickly, but it’s not a full substitute for traditional health insurance. Research all health care options before you search for a short-term health insurance policy in Missouri.

When Can You Enroll in Short-Term Health Insurance?

Unlike traditional health insurance, there’s no open enrollment period for short-term health insurance. You can enroll at any time throughout the year in Missouri.

Where Can You Enroll in Short-Term Health Insurance? 

It’s best to shop around for short-term health insurance policies so that you can compare the benefits and premiums of competitors. You’ll want to find a policy you can afford that offers the coverage you need — whether it’s emergency care, prescription drug coverage or preventative care. If you want to quickly compare prices, Benzinga can offer you a quote from providers in your area.

From there, how you get short-term health insurance is simple. Enroll in your desired policy directly on the provider’s website.

Important Facts to Know About Short-Term Health Plans

Since short-term health care plans are not regulated by the ACA, it’s important to pay attention to plan details. Read through your plan carefully before you commit and don’t get drawn in by catchy ads or videos.

Best Short-Term Health Insurance Options in Missouri

Now that you understand what short-term health insurance is and how it works, you might be curious to find the best health insurance provider in Missouri. We’ve compiled 5 of the top providers and grouped them into categories. Look for the insurance provider who offers the benefits you’re most interested in as you compare plans.

1. Best Overall: agile Health Insurance

agile Health Insurance is an affordable short-term health insurance provider with a variety of comprehensive short-term health insurance plans. agile is not a provider itself but has partnerships with top companies like Everest, Aspen, Companion Life and LifeShield.

It has a fast enrollment period with online quotes that take just a matter of minutes to view. Enrolling takes only 10 minutes and your coverage can also start the same day and eliminate long waiting periods. agile also has a large network of providers to choose from, which allows you more choice over your care.

2. Most Affordable: The IHC Group

If you need the cheapest plan possible but don’t want to skimp on benefits, consider The IHC Group. Its short-term health insurance policies start at just $59 if you qualify. Your application can be filled out online and you’ll know within 24 hours if you’re approved for coverage.

IHC also allows you to keep your current doctor, though you’ll receive discounts if you stay in network. IHC’s short-term policies also cover most preventive care services like checkups. 

3. Best for Flexible Coverage: UnitedHealthcare

There’s no one-size-fits-all insurance plan out there that works for everyone. UnitedHealthcare recognizes this and allows you to completely customize your short-term health care policy.

You choose the premium that makes sense for you and opt into the benefits that you’re most interested in. Your coverage will begin within 24 hours. Short-term health plans start at just under $60 per month.

4. Best for Quick Comparisons: eHealth

Would you like to see all of your short-term health insurance options laid out side by side? eHealth offers fast comparisons between popular short-term health plans so you can easily find the best provider and plan for your situation.

Enter your ZIP code and some other basic information and eHealth will match you with eligible providers in Missouri. Its easy-to-use online platform makes it simple to find the plan that best first your health needs.

5. Best for Low Deductibles: Everest

Everest can help you save money. Its short-term health care plans start with deductibles as low as $1,000 and doesn’t require deductibles for copays. It offers comprehensive coverage and a good selection of short-term insurance benefits to choose from. Everest is also a good choice for short-term family plans if you need coverage for your dependents.

This provider does have a $30 application fee and also has a waiting period for coverage. You may need to wait up to 30 days if you have cancer but other applicants should expect a 5-day waiting period.

Bridge Your Health Insurance Coverage in Missouri

Finding short-term health insurance should give you peace of mind. Eliminate the worry over not having insurance while you’re in transition. Compare popular short-term health insurance policies in Missouri. Review the options available to you and decide which incentives are most important to your health. Then, compare quotes until you’ve found the perfect fit.

Frequently Asked Questions

1) Q: Is health insurance required?

1

1) Q: Is health insurance required?

asked

Courtney Johnston

1

The federal mandate that required health insurance has been lifted but some states have enacted state-level mandates that require residents to have health insurance. Even where not required, health insurance can protect your family against catastrophic healthcare costs and help make routine medical expenses more predictable. Get your most affordable quote through our top providers today.

Answer Link

answered

Benzinga

2) Q: What does health insurance cover?

1

2) Q: What does health insurance cover?

asked

Courtney Johnston

1

Most health insurance plans provide the 10 essential health benefits that were part of Obamacare requirements. Coverages include preventative and wellness services, prescription drug coverage, emergency services, ambulatory services, lab services, pediatric services, and more. Many plans cover a wider range of healthcare expenses but may cost more than basic plans or may have higher out-of-pocket costs for some services.Get a custom health insurance quote to cover you and your family today.

Answer Link

answered

Benzinga

3) Q: How can I save money on health insurance?

1

3) Q: How can I save money on health insurance?

asked

Courtney Johnston

1

For healthcare plans that comply with the Affordable Care Act, only a handful of rating factors affect your premium. These include age and location, at least one of which can’t be changed. Smokers will pay more in most cases and your choice of plan level can affect premiums as well. Choosing a high deductible health insurance plan can reduce the cost of premiums. These plans can be combined with a health savings account to take advantage of tax-free savings for healthcare expenses. Get the cheapest health insurance premium from top providers.

Answer Link

answered

Benzinga

[ad_2]
Source link

Related Articles

Leave a Reply

Back to top button
Close