Although short term health plans do not offer the same coverage as an Obamacare plan, they typically cost less than an unsubsidized Obamacare plan. For a comparison, see this example using rates for a 35-year-old woman living in Arizona[1]:
| Plan Type | Unsubsidized Premium | Deductible |
|---|---|---|
| Connect STM Short Term Plan* (HealtheDeals.com) | $96.00 | $5,000 |
| Lowest Cost Bronze ACA Plan** | $317.93 | $7,900 |
| Short Term Plan Savings: | $221.93 | $2,900 |
* Short Term Health Insurance does not qualify as minimal essential coverage.
** Bright Health Bronze (Plan ID: 87247AZ0010006)
The best way to find out what a short term health plan will cost you is to request a quote. It takes about 1 minute to obtain multiple plan options, then compare premium costs and coverages to find the best fit for your needs.
Footnotes
