I little know fact about temporary insurance might just cost you a lot of money in the long term.
Let's suppose you are between jobs and need to get coverage for that time frame.
You think that it might be 3-6 months before you get to the next job and are covered by their health insurance.
Sounds fine right.
Now let's suppose you get sick or get a condition while on this 'temporary coverage"The job is delayed, you are forced to stay off of work or getting a job because..
...
you fill in the blank.
The condition now requires more doctors visits and additional expenses.
You are covered under the terms of the policy but that is about to change.
Most temporary insurance allows a one time extension.
This is fine as long as you get well in this extended time frame.
If you do not, guess what? Coverage still ends.
Now you are in trouble.
chances are no other insurance company is going to accept your pre-existing condition.
If you have your new job you will probably still be able to get coverage.
A BETTER OPTION Take out a regular individual major medical plan.
This gives you the coverage you want, for as long as you need it.
It is temporary..
...
I guarantee if you stop paying the premiums the insurance will stop covering you.
If you are thinking it cost more, well probably not or if it does it usually covers more.
If you get caught sick in a temporary health insurance plan you might just find yourself in a costly situation.
I recommend to my clients that they take the Major Medical plan with dr.
co-pays and a higher deductible.
It seems to be a better risk management approach.