Short-term health insurance is a type of health plan that offers you temporary medical coverage in certain situations, such as when you are between health plans, outside enrollment periods, or in the event of an emergency. These plans do not offer as much coverage as traditional health plans, and they also have other differences you need to note before opting for one. Here, we answer the most frequently asked questions about Cigna short-term health insurance and hope the answers provided will guide you to make an informed decision.
What Does Short Term Health Insurance Cover?
This largely depends on the short-term insurance plan and the insurance company you buy from. In general, short-term plans offer some coverage for preventive care, doctor visits, urgent care, emergency care, and in some cases, prescriptions.
However, it’s vital to note that short-term health insurance plans do not have to comply with the Affordable Care Act. Thus, they may not cover as much as the minimum essential coverage stipulated by ACA guidelines. Before settling for Cigna short-term health insurance, kindly read through the exclusions and limitations clause to know what’s covered and what’s not.
How Much Does Short-Term Health Insurance Cost?
The cost of short term health insurance is the sum of the following:
- Premium: This is the monthly fee you pay for getting coverage.
- Deductible: This is an arrangement where you pay out of your pocket for services until you meet your deductible.
- Coinsurance: This is the percentage of costs you share with your plan after you meet your deductible.
- Copay: This is a fee you may have to pay when you visit a doctor
- Other costs: These are dependent on what type of coverage you buy.
It is in your best interest to go over the short-term health insurance plan thoroughly, so you are better informed on its costs.
Does Cigna short-term health insurance cover pre-existing conditions?
No. Short-term health insurance plans are not classed under the Affordable Care Act. Thus, they do not cover pre-existing conditions. If you have an issue you’re being treated for, your insurance provider is not mandated to cover your medical bills.
Is Short Term Health Insurance A Good Idea?
It depends on your situation. Ideally, short-term health insurance is not a good idea if you’re shopping for comprehensive coverage. However, it is a great fix for some situations like
- When you miss open enrollment for a traditional health plan
- When you are in between jobs
How Do You Buy A Short-Term Health Insurance Plan?
You can buy short-term health plans from private insurance companies that offer them. The plans often vary in cost and coverage. So, be sure to check that the plan you’re buying fits your needs and budget.
Why Choose Cigna?
- Competitive rates
- Dependable service
- Additional programs and services
- Online access to your plan
- Cigna’s No-Cost Programs and Services
- Healthy Rewards Program
- Health Information Line
- Get a Free Online Quote
- Apply online, and you could save 5% on your premium.
Cigna Short Term Health Insurance
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