The new short-term insurance can only be written for three months. These plans also do not qualify as insurance under the health insurance law.
According to Clare Krusing, a representative for America’s Health Insurance Plans, “The government said these changes were necessary both to ensure that consumers have ‘meaningful health coverage’ and that the short-term plans would not siphon away healthy people from other insurance plans that comply with the ACA. An exodus of healthy people could lead to increase premiums for the remaining people in plans sold on healthcare.gov and on state sites.
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Let’s face it, medical treatments aren’t cheap. Without health insurance coverage you could end up paying off medical bills for the rest of your life. Silva Management Insurance Services 888-611-7647 can help you find an affordable healthcare plan that’s right for you. Contact one of our friendly agents today to learn mor