Temporary Health Insurance - Your guide to how short term health insurance works
 
 
Every Plan includes a FREE Rx, Lab and Imaging Plan when you apply for your short term health insurance through ConsumerBenefits.net.  This plan is designed to save you money on your out of pocket expenses.  We make these plan available to all of our customers. The savings plans are not part of the insurance policy or associated with any of the insurance companies we represent.
This is a brief overview of how short term plans work and how each plan is different.  Short Term Health Insurance will cover you if you become ill, have an accident or injury.  Coverage includes doctor office visits, inpatient and outpatient hospital, surgery, transplants, x-ray, labs.  Most plans allow you to choose any doctor or hospital (see chart below).  Coverage can begin as early as 12:01AM tonight.  You can also choose a later date.  Completing the application takes less than 10 minutes.  Most plans have instant online approval if you are eligible. If you can answer NO to the few medical questions you are eligible and the policy is approved. You can apply and pay for your plan online, by mail or fax. Most plans have a 10 day free look period and you can cancel the plan for any reason for a complete refund of the premium. The refund policy may vary by state.
Deductibles and Co-Insurance - If you become ill, have an accident or injury, payments are made according to the deductible and co-insurance that you choose.  First you would pay your deductible and then the co-insurance starts.  Co-insurance is the amount you are required to pay for medical care after the deductible has been met. The Co-insurance rate is expressed as a percentage and there is a dollar limit. For example, the insurance company may pay 80% of the covered claim, and the insured pays the remaining 20%.  This would be called 80/20.  If the limit is $5,000, then the insurance company would pay 80% and you would pay 20%.  After this, the insurance company pays 100% up to the policy limits. It pays to know what your co-insurance limit is.
Example: - Chris purchased the HCC Life Short Term Medical plan with a $1,000 deductible and 80/20 Co-insurance

Chris falls off the roof and breaks his leg.  The total medical bill is $15,000.  First John would pay his $1,000 deductible.  Next Chris would pay 20% of the next $5,000 (the $5,000 is the co-insurance limit) and the insurance company pays 80%.  After this, the insurance company pays 100% of the medical bill according to the policy limits.

His total out of pocket: $1,000 deductible + $1,000 for the co-insurance = $2,000
The remaining $13,000 is paid by the insurance company.
Short Term Health Insurance - Plan Comparison
  Liberty Select Golden Rule STM HCC Life STM
Insurance Co Standard Security Life Insurance Company of NY Golden Rule / United Health Care HCC Life Insurance Company
AM Best Rating A - Excellent A Excellent A+ Superior
Application Fee: $10 (Charged by Insurance Co) $20 (Charged by Insurance Co) $0
Deductible Options $1,000, $2,500, $5,000 $250, $500, $1000, $1,500, $2,500, $5,000, $10,000 $250, $500, $1,000, $2,500, $5,000, $7,500
Coinsurance You pay 20% or 50% of the Coinsurance after deductible You pay 20% of the Coinsurance after deductible You pay 20% of the Coinsurance after deductible
Coinsurance Limit $10,000 or $20.000 (Amount shared) *varies by state $10,000 (Amount shared) $5,000 (Amount shared)
Lifetime Maximum $2 Million per person $1 Million per person $2 Million per person
Coverage Length 30 days to 6 months 1 to 6 or 12 months* 30 days to 6 or 11 months
Doctor / Hospital Use any doctor / hospital Network Restrictions Use any doctor / hospital
Online Policy Print your policy online Policy is sent by mail Print your policy online
Special Notes

Single payment discounts available. Optional CFA discount plan.

  Limited Plan - Deductible is per illness accident or injury. Single payment discounts available.$50 Urgent Care Co-Pay (Deductible Waved)
  Med Plus STM Secure STM Secure Lite STM
Insurance Co Starr Indemnity and Liability Co Standard Security Life Insurance Company of NY Standard Security Life Insurance Company of NY
AM Best Rating A  Excellent A - Excellent A - Excellent
Application Fee: $10 $10 (Charged by Insurance Co) $20 (Charged by Insurance Co)
Deductible Options $250, $500, $1,000, $2,500, $5,000, $7,500, $10,000 $1,000, $2,500, $5,000 $500, $1,000, $2,500, $5,000
Coinsurance You pay 20% or 50% of the Coinsurance after deductible You pay 20% or 50% of the Coinsurance after deductible You pay 20% or 50% of the Coinsurance after deductible
Coinsurance Limit $5,000 (Amount shared) $10,000 or $20,000 (Amount shared) *varies by state $10,000 (Amount shared)
Lifetime Maximum $2 Million per person $2 Million per person $750,000 per person
Coverage Length 30 days to 6 or 12 months* 30 days to 6 months 30 days to 6 months
Doctor / Hospital Use any doctor / hospital Use any doctor / hospital Use any doctor / hospital
Online Policy Print your policy online Print your policy online Print your policy online
Special Notes

Single payment discounts available.

Single payment discounts available. CFA discount plan included with plan.

 Single payment discounts available. Optional Rx Co-Pay card.

Please Note: All application fees are charged by the insurance company or plan administrator. We do not charge any additional fees and we do not receive any part of the application fee.

Insurance rates are regulated. The rates you receive through this site are the same as you will see elsewhere  We do not charge any additional application of processing fees.  Some agents do - We never will.  All quotes and applications are secure and served directly through the insurance companies we represent.  All plans include an association membership.  The membership in the association provides group rates. 

 
*Short term plans are not available in all states. Some states only allow a maximum six-month coverage period.
All application fees are charged by the insurance company or plan administrator.
AM Best Company ratings are assigned to insurance companies based on financial condition
 
 
 
Long Term Consumer Care, Inc.
N27 W23960 Paul Road Suite 201 ~ Pewaukee, WI  53072
Toll Free: 1.800.544.9505  Fax: 1-262.523-1910

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