Shopping for short-term insurance? This is important
As you are shopping, remember that Short-Term insurance plans and ACA plans are not comparable products.
ACA health plans are guaranteed issue, meaning you cannot be denied coverage based on preexisting conditions. Also, ACA plans are required to cover certain minimum essential health benefits. Also, generally speaking, as long as you pay the premium, you can keep your ACA health plan.
Short-Term health insurance is not required to cover the same benefits. Plans can vary in what they cover. Also, they typically do not cover preexisting medical conditions. A series of medical questions determines your eligibility for these plans. Also, Short Term health plans are restricted to terms of coverage ranging from 1 month to just under 12 months, depending on the state where you live.
So, while you may save money choosing Short Term, be sure you are paying for the right coverage for you before you buy.