Get the cheapest short-term medical coverage available in Ohio. If you are not working, are a recent high school or college graduate that is no longer covered under a parent’s policy, unemployed, between jobs, a seasonal employee, currently uninsured, or just waiting for other coverage to begin, then a temporary policy might be your best option.
We guarantee that the quotes you view on our website are the lowest available rates allowed by each carrier. Most options will easily fit within your budget, because of the heavily-discounted premiums. The length of benefit you choose is also extremely flexible. Generally, you can choose a policy that lasts from 30-365 days, although some features are limited, and you can be denied because of your medical history.
Also, if you are employed part-time or temporarily laid off, on strike, or on Cobra, you may need this type of plan. ST health insurance is extremely cheap and is available from the top insurers such as UnitedHealthcare, National General, and several smaller companies. Your rights under HIPAA may be impacted if you are changing jobs, although Marketplace plans would become available.
Humana No Longer Available
Humana, one of the nation's largest carriers, ceased offering temporary plans four years ago. Although they actively participate in offering some of the most affordable Senior and Group policy options, their focus has shifted away from private single and family plans for persons under age 65. Their 6450 Dayton HMOx and 6450 Cincinnati/Northern KY HMOx contracts were two of the most affordable Marketplace plans offered in the Southwestern portion of the state.
Who Is HCC Life?
HCC Life is an "A+" rated company (A.M. Best Co. Ratings) based in Indiana that offers very attractive short-term health insurance rates. With more than three decades of experience, their products are very popular for consumers that need inexpensive medical benefits for less than 12 months. Other available products include life and travel insurance, short and long-term disability, and medical stop loss.
Shown below are HCC Life's monthly rates for a 40 year-old male residing in Franklin County. Each policy is underwritten and is not considered an "Obamacare" contract.
$33 - $5,000 deductible and 20% coinsurance. $100,000 Policy Maximum
$40 - $2,500 deductible and 20% coinsurance. $100,000 Policy Maximum
$55 - $7,500 deductible and 50% coinsurance. $2,000,000 Policy Maximum
$57 - $1,000 deductible and 20% coinsurance. $100,000 Policy Maximum
$79 - $500 deductible and 20% coinsurance. $100,000 Policy Maximum
Temporary policies feature rates that are often just a fraction of the cost of a conventional policy. Typically, you'll save hundreds (or thousands) of dollars in premium savings. You must be under age 65 to qualify, and we custom-fit a policy that covers you for the time you need and keeps the premium low. If you have reached age 65, you are likely eligible for Medicare benefits, which are much more comprehensive. A Medigap or "Advantage" plan can pay some of the out-of-pocket gaps that your Senior policy does not cover.
Did You Miss Open Enrollment?
If you missed Open Enrollment, often, short-term contracts are the most attractive choice to get you to the next OE period. You don't have to wait until the first of the month to get covered, and approvals are often received within one day. And if you secure new group coverage from an employer or other qualified benefits, you can terminate a temporary plan to coincide when your new policy begins.
Important Point: If you qualify for a special enrollment exemption, you will avoid the 2.5% household income penalty for noncompliance and will be eligible for federal tax credits and guaranteed approval. Also,since pre-existing conditions are not excluded, when you have the option of securing a Marketplace policy, it must always be considered. The Open Enrollment period begins November 1 and ends December 15th. Senior Medicare OE begins October 15th and ends December 7.
Effect Of Obamacare
Thanks to the Affordable Care Act (passed in 2010), you can easily transition from ST coverage to a Marketplace plan. For example, after you buy a policy, if you have a heart attack or are diagnosed with cancer, keeping the policy until the end of the calendar year will make it easier to transition to a more conventional contract with no lapse in coverage.
Since pre-existing conditions are covered, you can apply for a new policy under "Open Enrollment" conditions, and your acceptance is guaranteed. You may also receive a financial subsidy to help to pay premiums depending on your household income.
Short Term Policy Features
*Coverage is designed to be effective for a short period of time…usually between 1 and 12 months. Once the policy ends, you may be forced to re-qualify for additional coverage. If you have paid for benefits that you have not used, a refund will be processed on the unused portion. You are not obligated to keep a policy any length of time. If you remain in good health, it is possible to keep coverage with multiple companies for many years, providing a smooth transition.
* Pre-existing conditions are generally not covered. Also, coverage is usually “catastrophic” instead of “comprehensive.” However, some plans, such as the Medical Mutual policy, will provide limited office visit coverage. Prescription benefits are often included, subject to policy limitations. If you are willing to accept higher out-of-pocket expenses, the rate will reduce. NOTE: UnitedHealthcare offers multiple "tiers" of benefits, which allow us to custom-build a policy with or without primary care physician (pcp) coverage.
*Rates are typically low…as much as 30% - 60% less than a conventional policy. And because of its cheap cost, preventative coverage is usually not included, unless you meet the deductible. A wide variety of deductibles is usually available, ranging from $250-$10,000. $2,500 and $1,000 are the most popular deductible choices. However, since you are unlikely to meet your maximum out-of-pocket expense, $5,000 is the most cost-effective option.
*Most Ohio short term insurance plans allow you to pay monthly, or pay all of your premiums in advance. When paying in advance, most companies discount the rate. A typical plan is usually approved within 24-48 hours. The standard application is brief and typically takes less than 20 minutes to complete. It can be completed through an online link we provide or in some cases, we can email or fax the short application.
Applying For Coverage
Short term coverage is not the right solution for everyone. But if you’re not presently insured, it is often an attractive low-cost option worth considering. Please don't hesitate to contact us for additional information. We'll be happy to review the top plans and discuss which option is best for your unique situation. In minutes, you can apply and complete an online application and get quickly covered.
Currently, UHC, and Medical Mutual (major companies) offer the lowest rates for both single and family situations. Anthem temporary medical coverage is also available. All three companies allow online applications that expedite the time needed to get approved. We'll be happy to discuss which company is best for you, and what method of applying is the best.
To view Ohio short term rates, simply click on the “Quote” link at the top of this page. Easily, you can compare and apply for the top policies. The comparison and enrollment process takes less than 20 minutes.