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Low-Cost,
Short-Term Health Insurance
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Start coverage tomorrow for
for a period of 30 days to six months ***
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Temporary
short-term health insurance is a good option for people who are
looking for low-cost health insurance while between permanent policies.
Short term medical policies offer lower premiums than permanent
policies, but can only be held for a maximum of six months at a
time.
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Colorado
Short Term Health Insurance
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Short
Term Temporary Insurance Rates and Application
At ColoHealth,
we represent many companies, and search through the competition
in order to find our clients the best coverage at the lowest rates
possible. The lowest rates if you wish to pay monthly are
with Time Insurance. You can get an Instant
Quote, and securely Apply
Online. Or if you'd rather, you can open
the Brochure, Application, and Rate chart, and send in
the application on your own.
Here are some
of the features of the Assurant plan that stand out:
- Prescription
drug card - All Assurant Health short-term customers receive
a prescription drug card providing substantial savings on many
prescriptions and automatic claims submission from participating
pharmacies.
- One-time
deductible - only one deductible per policy period, regardless
of the number of claims. Many other plans provide for per-cause
deductibles.
- Next-day
coverage – you can apply by paper or online and receive
coverage as early as the next day.
- Customers
choose your own doctors and hospitals - Assurant Health
plans guarantee that you can keep your primary care physicians.
Some other plans charge a penalty if you visit a provider outside
the insurer’s network.
- Coverage
for exactly as long as you need it - You can choose the
exact number of days you want to be insured. Some other companies
sell whole months of coverage only.
- Greater
lifetime maximum - Assurant Health STM plans allow for a
lifetime maximum of $2 million or $5 million, compared to $1
million for most other short-term plans.
How
Temporary Coverage Works
With temporary,
or short-term medical insurance, you choose a deductible of $0,
$250, $500, $1000, or $2500. After your deductible, the
plan pays 80% (or 100%, if that plan is chosen) of all covered
expenses (including doctor visits and prescription drugs) up to
$5000, and 100% thereafter up to a lifetime maximum of either
$2 million or $5 million on the six month plan, or $1 million
or $2 million on the 12-month plan.
There is also
a 100% plan available with a $1,000 or $2,500 deductible.
One family
deductible: if the $1,000 or $2,500 deductible is selected, only
one deductible needs to be satisfied by all covered family members.
The length
of coverage option on a six-month plan is from 30 to 185 days.
The length of coverage option on a 12-month plan is from 30 to
365 days.
Short term
health insurance is non-renewable. However, after
six months you may apply for an additional temporary policy if
1) no claims were incurred under a previous policy, 2) there has
been no significant change in health.
The actual
policy itself sets forth in detail the rights and obligations
of both you and the insurance company.
Optional
Benefits
You may also
gain additional peace of mind by adding any of the following three
optional benefits to your Time Short Term Medical Plan - Accident
Medical Expense, Term Life Insurance, or the Dental-Vision
Savings Plan.
Accident
Medical Expense
This optional
benefit can be added to give you first dollar coverage in the
event of an accident. This pays 100% up to the amount of
your deductible for treatment of any accidental injury before
any co-payments, deductible, or coinsurance is applied. Treatments
must occur within 90 days of the accident.
If this rider
is selected, all family members on the policy are covered.
Term Life
Insurance
You can choose
an optional $25,000 term life insurance benefit that lasts the
duration of your Short Term Medical Plan. Coverage can be
obtained for any primary insured over the age of 18, and their
spouse, up to age 63 ½, as long as both are covered on
the Short Term policy. No dependent term life coverage is
available.
Dental-Vision
Savings Plan
This discount
program can be added to Short Term Medical Plans in the following
states - Alabama, Arizona, Colorado, Illinois, Louisiana, Ohio,
Oklahoma, Pennsylvania, Tennessee, and Texas. Simply
present your card to a participating dental or vision provider
to receive discounts up to 50% on almost all dental services,
eyeglasses, contact lenses, and other retail items available through
a network of more than 24,000 dentist and 9,000 eye care professionals
nationwide. Discounts vary by providers.
This discount
plan, which costs a family just $9.95 per month, also provides
members with 25% to 50% discounts from a catalog of vitamin and
nutritional supplements.
Eligibility
Requirements
Who is eligible
for temporary health insurance coverage:
- Healthy
individuals between the ages of 15 days and age 64 and 11 months
- Dependent
children through age 20 (age 24 if full-time student) may be
covered as dependents on parents' plan
- Foreign
residents living in the U.S. for at least one year with proof
of Alien Registration Receipt Card, Green Card, Visa or other
appropriate documentation
Who is not
eligible for temporary coverage:
- Persons
who have not been in the country for twelve months
- Persons
who would be declined for an Individual Medical policy
- Persons
who will turn 65 or become eligible for Medicare during the
benefit period
- Persons
who are pregnant
- Persons
seeking coverage while traveling outside of the U.S. (click
here for International Medical Insurance)
- Persons
engaging in hazardous activities, sports or occupations
- Persons
previously declined by another carrier
No
HMOs or PPOs
With short
term health insurance plans, you can visit the doctor or hospital
of your choice. No referrals are needed, and no out-of-network
penalties are incurred. Some plans, though, do have networks which
will enable you to reduce your medical bills by going to doctors
or hospitals that are part of the network.
ColoHealth
is an independent authorized Assurant agent in Colorado.
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