Health Insurance For Unemployed

If you are suddenly handed the pink slip, you might have enough saved for your day-to-day expenses. However, with your job, employer-sponsored health insurance goes too, which might be a bigger worry for you. Short term health insurance may provide you with just the coverage you need during this tough time.
Short term health insurance can work best for you in specific situations: say, you've just graduated from college, or you are a part-timer who needs health insurance. If you are waiting for more long-term coverage, for instance, you've retired early and are waiting for Medicare, health insurance for unemployed can neatly fill in the coverage gap.
As soon as you lose employment, voluntarily or not, the one avenue for health insurance that strikes you is COBRA insurance. While COBRA continues long-term coverage without a break, it is expensive—sometimes even beating short term insurance in cost.
If you are put off by the lengthy underwriting processes characteristic of long term insurance, temporary insurance offers just the opposite experience: simple and easy underwriting, with plans becoming valid as early as the next day. If you have any pre-existing conditions, though, they will not get short term insurance coverage.
When you purchase a health insurance for unemployed plan, you will be covered for any illness or injury that did not exist earlier, as defined by the look-back period. You will be covered for inpatient and outpatient care including surgery, diagnostic examinations and prescriptions, and also for ambulance services. Your plan might also cover scheduled doctor visits.
If you purchase a short term insurance plan, you will not be covered for pregnancy and maternity, and most optical and dental treatment. Cosmetic surgery, unless performed as part of reconstruction therapy, is also not covered, along with previously existing conditions.
When you opt for short term medical insurance, you can choose from a range of plans and options. Not only does the maximum benefit amount differ by plan, applicable deductibles and co-pays can be customized as well. If you are an early retiree, for example, the plan you end up with will be very different than that of a young part-time employee.
When you purchase short term health insurance, you might be tempted to continue on it for a long time. However, it is designed for short periods, and you must ideally not exceed a year or so in short term coverage. If your insurance situation is uncertain, you can renew the plan monthly, for the maximum period specified in the plan.