Indiana short term health insurance plans can be purchased at extremely affordable rates. Temporary medical coverage is perfect for persons that are between jobs, laid off, graduating college or school, on COBRA, an early retiree or waiting for Medicare eligibility. You can easily fill a gap with a very inexpensive policy.
Policies are cheap and extremely flexible by allowing you to cancel coverage at any time. UnitedHealthcare and other carriers have extensive provider networks that also allow you to choose from most doctors and hospitals in the state. Among the largest carriers, they offer the best combination of price and benefits.
Temporary Plan Details
These types of policies are normally purchased for periods of time between 30 days and 12 months. If you need coverage longer or for a defined time period, you may have to answer additional medical questions and possibly change to a different type of policy. Illnesses and accidents are always covered. But unlike more permanent options, dental, preventive and vision expenses are either subject to a deductible or not covered without a rider. As a result of recent legislative changes in 2017 and 2018, plans can only be issued for a maximum length of three months, although four consecutive plans can be purchased at the same tie, providing one year of coverage. Before coverage terminates, additional coverage can be offered, subject to medical underwriting.
NOTE: You also may affect your eligibility for a HIPAA or COBRA plan by selecting a temporary contract. By not taking advantage of guarantee-issue options, you may be forfeiting valuable protection for pre-existing conditions. Also, international visitors and non US citizens may not qualify for this type of policy. Instead, a special worldwide universal policy may have to be purchased.
Typically, a Blue Cross (partner company is utilized) or UHC short term policy is approved within 24-48 hours. In some instances, a policy is approved within an hour of the application being completed. A discount is applied when the entire premium is paid, instead of payments each month. Deductible options range from $500 to $10,000, and several riders can be added to enhance the office visit and prescription drug benefits. Deductibles can be applied "per claim" or "per policy period."
For a single child under the age of 19, Assurant was previously one of the few companies that offered benefits. However, most ST companies now offer "child only" policies, and of course, rates are very low since claims are rarely submitted. Policies are offered until you reach age 65. At that time, most persons are eligible for Medicare. "Guarantee Issue"options are also offered, although rates are higher and of course, pre-existing conditions are not covered.
Plan benefits include doctor office visits, prescriptions, emergency room services, inpatient and outpatient procedures and major medical expenses. By using Network providers, you’ll receive “repricing discounts” that can reduce your out of pocket expenses. On a larger claim, you can easily save thousands of dollars. And proof of coverage can be easily verified.
Indiana Short Term Monthly Rates (Deductible And Maximum Out-Of-Pocket Expenses Shown)
40 Year-Old Male in Indianapolis Area
$41 $5,000 Deductible and $8,750 Max Out Of Pocket (National General)
$47 $2,500 Deductible and $5,000 Max Out Of Pocket (National General)
$52 $5,000 Deductible and $5,000 Max Out Of Pocket (IHC Group)
$59 $2,500 Deductible and $4,000 Max Out Of Pocket (National General)
$62 $1,000 Deductible and $3,500 Max Out Of Pocket (National General)
$103 $5,000 Deductible and $15,000 Max Out Of Pocket (UnitedHealthcare)
$125 $500 Deductible and $5,000 Max Out Of Pocket (IHC Group)
Family Of Three (Male 40 Female 40 and child) in Indianapolis Area
$99 $5,000 Deductible and $15
,000 Max Out Of Pocket (IHC Group)
$126 $5,000 Deductible and $6,000 Max Out Of Pocket (IHC Group)$132 $5,000 Deductible and $8,750 Max Out Of Pocket (National General)
$162 $2,500 Deductible and $5,000 Max Out Of Pocket (National General)
$204 $2,500 Deductible and $4,000 Max Out Of Pocket (National General)
$223 $5,000 Deductible and $15,000 Max Out Of Pocket (UnitedHealthcare)
$259 $1,000 Deductible and $2,500 Max Out Of Pocket (National General)
These rates assume each applicant qualifies medically for coverage and meets the required underwriting guidelines. Benefits are also not payable for pre-existing conditions. A pre-existing condition is a bodily injury or sickness that was diagnosed or treated, or which produced signs and/or symptoms during the period before each applicant's effective date of coverage.
HCC, Assurant, and UnitedHealthcare are not always appropriate for persons with pre-existing conditions that have recently lost their group coverage through an employer. Purchasing a short-term plan instead of COBRA could possibly cause you to become ineligible for other plans that are “guarantee issue.” It is always advisable to review the plan summary and actual policy for specific coverage information. We're always happy to help you select the right plan.
Did You Just Lose Your Medical Benefits?
Also, if you recently (within last 60 days) have been terminated from an existing individual or employer-provided group plan, you will probably qualify for an SEP (Special Enrollment) which entitles you to enrolling in pre-approved Marketplace contract. Whether your income qualifies for a subsidy or not, you will be able to choose coverage from many more carriers than the alternative (short-term or Consumer Driven Health Plan).
Regardless whether you choose COBRA, SEP, or a temporary policy, in November of each year, Open Enrollment begins, and you can compare dozens of plans from all of the companies that are offering coverage. You will not have to provide any medical information since your eligibility is guaranteed. It's a great way to cover unexpected life changes. Most carriers allow you to customize deductibles, coinsurance, and copays to meet your specific needs.
To get your free quotes, you can furnish your zip code at the top of the page (where requested). You'll be able to compare temporary plans from UnitedHealthcare and the other top carriers. HCC, Anthem, and Assurant also offer plans in many parts of the state.
April 2015 - State and Federal Exchanges have closed (unless you qualify for an approved enrollment exemption). Temporary policies can be purchased to provide coverage throughout the remainder of 2015. Then, you may apply for a Marketplace policy to be effective January 1 2016. However, if you move to the Hoosier State (or to any other state), you will be provided 63 days to apply for a new plan.