Cheap temporary medical coverage in Ohio from Humana will cover yourself and your dependents. Short-term health insurance rates are always very low, and these types of policies can be used if you need to get coverage quickly or only need benefits for a few months (or perhaps longer). In many situations, you can keep your policy for as long as 12 months. You may also buy a policy for one month, although it will have to be renewed if you need additional benefits.
Humana’s plan covers both accidental and illness claims and is very easy to apply for. Just like any policy on our website, after you view the quote, you can choose to “apply” online for coverage by answering some simple questions. If there are no significant health issues, you may be approved immediately. Otherwise, usually within a day or two, short-term coverage will go into effect. An ID card and policy specimen is typically sent within 7-14 days, although you have access to the policy number immediately after approval.
NOTE: A temporary policy is not designed to replace a long-term Marketplace plan, especially since they do not contain many of the mandated “Essential Health Benefits” that are required under the healthcare legislation that was passed in 2010. However, it will provide stopgap coverage and give you ample time to either enroll in another compliant policy or obtain group benefits through an employer.
Deductible And Coinsurance Options
The three deductible options are $1,000, $2,500 and $5,000. Since it is unlikely you are going to meet that amount during such a short period of time, $2,500 and $5,000 are the most popular choices. Family deductible options are double the individual amounts. Coinsurance (discussed below) will also impact the premium you pay and the potential out-of-pocket expenses you may be responsible for. 50% coinsurance will result in the lowest possible rates.
We prefer the 0% coinsurance options with Ohio Humana short term health insurance plans. Coinsurance is the percentage of the claim you pay after the deductible has been met. However, on UnitedHealthcare temporary plans, we prefer the 20% option. One important item that must be considered is that the odds are heavily against you meeting the deductible when you purchase these types of plans. For that reason, lower amounts are often not the best choice.
Most benefits begin after the deductible has been met. Some of the preventive coverage includes child health supervision, pap smears, mammograms, and colorectal cancer screenings. If you visit a non-network facility, you may have to pay a portion of the cost. Routine office visits are covered along with lab tests and x-rays (including allergy tests). Typical inpatient and outpatient expenses are also included in the policy. You can view specific details here.
No coinsurance simplifies and improves your coverage once a deductible has been reached. For example, prescriptions are covered at 100% after the deductible has been met. The same applies to 30 days of skilled nursing facilities and 40 home health care visits. Complications of pregnancy are also included in benefits, if ever needed. For more comprehensive maternity benefits, another type of policy must be utilized. The Anthem Premier plan provides comprehensive maternity (including prenatal) benefits. Other short term options can be found on this page.
$2 Million Cap
Unlike long-term plans that have no lifetime cap for benefits paid, usually, short-term policies do have an upper limit. This Humana plan has a $2 million lifetime limit per person, which is more than sufficient since the contract isn’t likely to be kept very long. If you were going to use it for long-term coverage, we would recommend higher limits. And if you’re not sure of the length of time you need a policy, simply pay monthly to give you the flexibility of terminating when you have secured other coverage.
We like the Humana temporary health insurance plan if you live here in Ohio. It is indeed cheap, although sometimes the UnitedHealthcare options are less expensive. You can view additional details here. And you can always instantly view live quotes and apply for coverage at the top of the page.
January 7 2015 – Humana no longer offers “short-term” plans. If you are under age 30, you can purchase a catastrophic Marketplace contract. Otherwise, a subsidized Bronze-tier policy is the cheapest option.
UnitedHealthcare and a few other carriers (you can view prices on our website) are viable options for keeping coverage only a few months.