Short Term Medical Insurance for Seasonal Workers

Short term medical insurance is perfect if you are a recent grad with a temporary job or a farm worker hired to work the season, and you don’t have access to an employer-sponsored major medical insurance plan. Going without coverage may seem like a way to save money, but it can put your finances in jeopardy. An accident or unexpected illness can mean bills multiple times higher than a health insurance premium. If you don’t have access to coverage through a parent or spouse, you may want to consider other possibilities.

One option worth considering is a short-term medical insurance plan . While it is by no means comprehensive, STM offers a safety net in the event of a catastrophic illness or injury. While these plans are ideal for those who need fewer than six months of coverage, plans may last as few as 30 days or as many as 12 months. Once a plan expires, it is possible to apply for another policy; however, that policy is considered completely new and will not cover illnesses developed under the first one.

STM plans involve quick, easy online qualification and enrollment – just quote, apply and buy. Approval comes within minutes, and coverage may begin as early as the next day. To determine eligibility, applicants answer a small number of health-related questions; those with serious health conditions are unlikely to qualify. STM is a good option for healthy individuals who want to keep costs low. But it is important to remember that out-of-pocket expenses will be higher should you need medical care.

Limited benefit medical insurance is another option. These plans offer inexpensive, creditable, non-catastrophic coverage. Stated benefit amounts are paid for physician office visits, preventative care, diagnostic work, emergency room visits and more.

Because they are guaranteed issue, and therefore do not involve underwriting, these plans are generally attractive for those considered “uninsurable” due to pre-existing conditions, those who cannot afford major medical insurance but need basic non-catastrophic coverage or those who have exhausted COBRA and have no other options. Limited benefit medical is not suited for those who can afford and qualify for major medical insurance through COBRA or an individual plan.

For additional information and assistance in choosing a plan, discuss your options with your employer or a licensed health insurance agent.