subject: Benefits Of Taking Up Short Term Health Insurance Policy [print this page] Taking up an health insurance policy is very important because as the population are increasing every day , you need to take up the appropriate health insurance cover as people are bound to have incident occurring every day of their lives.
Health insurance is also taken to help in times of accidents so that the insurance company will bear the cost of the accidents and this will help you to reduce your expenses in such situations.
Generally no body really plans for accidents but nobody can really avoid or prevent accidents from taking place while on the road, or at home but to avoid spending much money on health expenses you need to take up an health insurance policy so that you will place the burden of your of such expenses on the insurance company that you are taking the insurance cover from while you will only pay premium for such insurance policy covering.
There are different types of insurance covers that are available for you to take up but there are instances where people dont come under certain insurance cover.
For example when children are just graduating from collage they may not be under the parent insurance covers again or when you are switching from one jobs or the other you may not be cover under your employers work place insurance covers for employees depending on the terms of employment.
In a situation where children have just graduated from college, this is the right time for the children to get a short term health insurance policy as they may not be covered by their parent health insurance policy any more .
Short term insurance for new graduates and people just starting life as they more not be able to purchase a full health insurance policy but you will need the short tem health insurance , in order to cover most of your medical expenses for a period of at least 12 months depending on your state laws.
Also it is important to note that short-term health insurance comes with co-insurance charges and a deductible but it is still 30 -40% less than the normal health insurance plans.
This type of health insurance is most beneficial to young fresh graduates that are just out from school and they will be waiting for a period to get a job or even if you get a job , some employers usually impose a certain period before you are covered by your employers health insurance plans and during this waiting period , your short tem health insurance helps you to save a lot if you have gotten it .
Short tem health insurance is also ideal for students and undergraduates in college. Short term health insurance also help those without sufficient cash to buy a conventional health insurance plan to still be able to meet their health needs without any challenge.
by: globalglobal
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