Uncover Benefits of Short Term Health Insurance in Texas
What are the benefits of short term health insurance in Texas? Discover the options to find the right plan for you. Learn more today!
According to USA Facts, about 17.97% of Texans don’t have health insurance. You can easily get healthcare coverage in the short term instead of choosing a long-term plan. A short-term plan is ideal for transitioning between plans or needing medical cover while changing jobs.
Short-term health insurance in Texas offers numerous benefits and allows you to cancel the plan anytime. Short-term plans can last anywhere from one month to three years. They are a great option if you need affordable temporary medical coverage.
Discover why you need a short-term health insurance plan in Texas and its benefits.
Understanding Short-Term Health Insurance in Texas
Short-term health insurance in Texas is a temporary health coverage specifically built to protect uninsured individuals from unforeseen health issues. This coverage is ideal if you need the most affordable health insurance in Texas with a low monthly premium.
Short-term health insurance plans have the following features:
- Quick approval
- Basic medical cover for issues such as outpatient services or emergency care
- Flexible cost structure
How do you get health insurance in Texas? Many residents in Texas may face this question when reviewing different health insurance options.
To get short-term health insurance, you need medical underwriting. You will answer a health questionnaire and provide medical information, such as the presence of pre-existing conditions. You can get approval very quickly and can opt-out at any time.
Benefits of Short-Term Health Insurance in Texas
Texas short-term health plans offer numerous benefits. These include the following:
Lower Costs
According to Consumer Reports, healthcare costs grew by 2.3%, raising the annual cost of medical cover plans to over $5,300. Temporary health coverage in Texas is a more affordable option for medical coverage if you can’t afford a long-term plan.
With a short-term plan, you pay lower monthly premiums. The cost of healthcare coverage under a short-term plan can be as low as half of what you would pay under Obamacare. Besides, the flexibility of quick health insurance in Texas may drive the cost even lower.
Short-term health insurance plans also come with locked-in rates. You can enjoy peace of mind knowing your healthcare costs will not fluctuate unexpectedly. Understanding how much you’ll pay in premiums makes fitting it into your budget more manageable.
Flexible Coverage Plans
Although short-term health insurance is cost-effective, you can insure yourself or your loved ones for up to $2 million. Your costs will likely be higher if you’ve pre-existing health conditions.
The health insurance for a single person in Texas must always address their needs. This is precisely what a short-term plan gives you. The option to tailor your coverage based on your needs saves you money while giving you access to the best medical coverage in the state.
Fast Coverage
What makes short-term health insurance the best health insurance in Texas for Families is the fast approval process. You can get medical coverage as early as a day after application. A short-term health insurance plan provides you and your loved one immediate medical coverage.
Fast coverage makes short-term health coverage for the following groups of people:
- College graduates
- Recently laid-off individuals or those between jobs
- Those not eligible for Medicare
- Those about to lose dependent status
No Network Restrictions
Unlike health plans under the Affordable Care Act, short-term health coverage options in Texas give you the freedom to see your preferred doctors. These plans don’t have strict network limitations on what health providers you can see.
Limited or no network restrictions improve access to care. This policy allows you to get medical care from the doctors you like. Short-term health insurance is a Preferred Provider Organization (PPO) rather than a Health Maintenance Organization (HMO).
Year-Long Coverage
Another vital Texas insurance benefit is the year-long coverage. The coverage can last from anywhere between 30 days to 364 days in Texas. You have the option to renew the plan for up to three years.
Medical coverage is vital for your health due to the unexpected nature of health issues. Not having health insurance can adversely affect your finances if you must pay out-of-pocket medical expenses.
Once you get temporary health coverage in Texas, you’ll only have to renew the plan during the 11th month. Short-term health insurance coverage does not directly cover prescription drugs. But it offers drug discounts, while some plans provide coverage for generic drugs.
What Is the Cost of Short-Term Health Insurance?
Quick health insurance plans in Texas vary in cost based on several factors. These include:
- Age
- Benefits available
- Period the cover will last
You can pay between $100 and $300 for every month the cover will be effective. A comprehensive package will cost more but will offer numerous benefits. For instance, if you have a pre-existing medical condition, you may have to pay upwards of $400.
The average expenditure on healthcare in the United States is about $12 530 per American. In the state of Texas, these costs might be higher. You need long-term or short-term health insurance to avoid incurring out-of-pocket medical expenses.
How to Get Health Insurance in Texas
So, you’re probably wondering where to find cheap health insurance in Texas. Luckily, you’re eligible to get a short-term plan if you’re:
- A legal resident or an American citizen
- Not eligible for Medicaid
- Under the age of 65
Once you establish eligibility, research the available plans in the state. Compare different coverage options to determine if they are suitable for you. Consider various factors, such as the best health insurance in Texas for families.
Once you’ve purchased a short-term health insurance plan, remember to check when it runs. You can renew the existing plan or switch to a better one. We can help you look at different health insurance plans and choose the one best suited to meet the needs of you and your family.
Get Short-Term Health Insurance in Texas Today
Having medical cover is the best way to protect your well-being without incurring exorbitant out-of-pocket expenses. Getting short-term health insurance in Texas is an affordable and flexible method of getting medical coverage if you’re ineligible for Medicare.
Whether you’re considering short-term or long-term health insurance, Custom Health Plans can provide expert tips to find the right plan. Contact us today to get a free quote.
