Idaho Short Term Health Insurance | How Does Short Term Plan Works?

Boise Health & Life Insurance Agency can assist you with your short term health policies.

How does it work for every individual? Well, short-term insurance in Idaho is not different from every insurance in the other state.

They also cover the person for a limited period. This coverage is a perfect choice for people who are in between jobs. Especially if you’re waiting for group coverage to start or you need affordable health insurance for some time.

Idaho short-term health insurance plans offer health coverage plans for a limited period, around 1 to 12 months. This plan provides a certain level of coverage such as preventive care, doctor visit, urgent care, and emergency care. They can also cover for a prescription. Short-term coverage is a great solution for those who don’t require medical care.

Applying for this plan doesn’t benefit an individual as major health insurance and will make them ineligible for any guaranteed issue. But many people still prefer this because you can get an insurance plan for an affordable amount.

There are a lot of companies offering short-term health insurance. In this article, we’ll be going to discuss some companies in Idaho with short-term plans coverage. And how does it work for individuals who shop for this plan?

A. SelectHealth Short-term Plans

SelectHealth is one of the companies that offer an enhanced short-term insurance plan. They began offering this policy as of early 2020. These health insurance plans are more flexible than traditional short-term coverage.

• Flexible terms. SelectHealth offers plans that are renewable for up to 3-years, giving you a choice on how long you want to keep your plan.
• Availability. An individual can also enroll in this plan at any time throughout the year. No need to wait for enrollment periods.
• Basics still covered. Basic covers such as doctor’s services, inpatient and outpatient hospital care, rehabilitation, and more.
• Assurance. SelectHealth plans are guaranteed issues and a guaranteed renewal up to 3-years.
• Variable premiums. Premiums may vary depending on how healthy an individual. If a person has a pre-existing condition (PEC) it might affect his monthly premiums. They’re also an awaiting period before the coverage kicks-in relating to a PEC.

But SelectHealth is continuing to sell traditional short-term plans. 

B. Blue Cross of Idaho Short-term Plans

December 1, 2019, when Blue Cross of Idaho starts selling enhanced short-term plans. Blue Cross of Idaho Short-term PPO or Preferred Provider Organization offers a limited program for temporary coverage. An individual who purchases this coverage can protect themselves and their eligible dependents during that coverage. They can choose their coverage for just 1-month or up to ten months. Once you enroll you may not enroll any additional dependents with the sole exception of a newborn or adopted child.

Like SelectHealth, Blue Cross of Idaho is offering short-term health insurance. Short Term Health Plans can help fill the gaps in your coverage during times of transition. Pre-existing conditions don’t cover Blue Term plans. It is non-renewable coverage, meaning you’re not allowed to enroll in another short-term plan for 63 after your initial coverage period ends. 

How to apply for Short Term Health Insurance

Applying for short-term health insurance is available online or through a private health company or licensed health insurance agents and brokers. No need to wait for the open enrollment period or special enrollment to purchase short-term coverage, which means you can buy it any time of the year. The process of enrollment and application is quick and easy. You’ll have to answer a brief health questionnaire to determine your eligibility, which will take a second.

Short Term Plans Cost

Short-term plans in Idaho are usually less than an Affordable Care Act-compliant plan, regardless of the type of short-term plan, you select. The monthly premium cost of short-term health will depend on your plan. Traditional short-term plans usually use age as the main factor to determine the monthly premiums. While enhanced plans use a person’s current health in addition to his age to set the rates.

A traditional short-term health insurance plan in Idaho will range between $60 to $250 a month for someone who is around 30 years old. But enhanced coverage plans may cost more because they are guaranteed issues, meaning providers can’t deny coverage due to a person’s health. Another point to consider is the options for a deductible, copayment, and coinsurance.

Determining the right coverage for your needs will vary depending on your situation. If you think short-term plans are perfect for you, you have to consider the length of coverage of your plans and your healthcare condition. You can check out Boise Health & Life Insurance Agency for your coverage needs and insurance inquiries. Insurance and Medicare Broker Chris Antrim is happy to serve and answer all of your questions, regarding insurance coverage and plans. Or you can visit our website https://www.goidahoinsurance.com/ or for easy access call our office at (208)-409-3382.

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