There are many a times when we need a temporary health insurance, which is available for a small period of time. The benefit of such policies is more about being cheap and the shortcoming of it being limited coverage. Most of the time such insurance is taken for those who are not having an insurance coverage.
Employers take advantage of this scheme for their employees, who are taken into the cover of group medical insurance. This form of insurance can be received like the conventional one or the one with the advantage of managed care formula. The later kind of plan is accepted by majority of the people due to its economical advantage.
Workers in factories and fields are susceptible to accidents and there is always the risk of infections. Employers rely on temporary health insurance as a short term formula. The duration of the policy is usually between one and six months and there are options to extend it up to a maximum of one year.
This can be availed by students, persons changing their work places frequently, unemployed people and likely individuals. The significant advantage of this kind of plan is its fast action. It is obtained immediately after application is made for enrollment. The reason is the simplicity of procedure unlike other plans.
A good section of the people is covered under medical insurance plans through their employers. Due to the current financial crisis, many people lost their jobs and are without proper medical insurance. The short term or temporary health insurance has become popular to cover these unemployed people and their families.
The low cost of premium has also been a factor for its popularity. Retired and old people also take this temporary health insurance for protection of their health. There are some negatives associated with this temporary insurance plans. It is offered for a short period only. And they do not cover the regular check up costs and costs on treatment of some particular ailments.
Employers take advantage of this scheme for their employees, who are taken into the cover of group medical insurance. This form of insurance can be received like the conventional one or the one with the advantage of managed care formula. The later kind of plan is accepted by majority of the people due to its economical advantage.
Workers in factories and fields are susceptible to accidents and there is always the risk of infections. Employers rely on temporary health insurance as a short term formula. The duration of the policy is usually between one and six months and there are options to extend it up to a maximum of one year.
This can be availed by students, persons changing their work places frequently, unemployed people and likely individuals. The significant advantage of this kind of plan is its fast action. It is obtained immediately after application is made for enrollment. The reason is the simplicity of procedure unlike other plans.
A good section of the people is covered under medical insurance plans through their employers. Due to the current financial crisis, many people lost their jobs and are without proper medical insurance. The short term or temporary health insurance has become popular to cover these unemployed people and their families.
The low cost of premium has also been a factor for its popularity. Retired and old people also take this temporary health insurance for protection of their health. There are some negatives associated with this temporary insurance plans. It is offered for a short period only. And they do not cover the regular check up costs and costs on treatment of some particular ailments.
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Looking for cheap temporary health insurance? Visit the Internet to compare and analyze temporary medical coverage plans that are available to you. Even apply for coverage online!
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