Risks of Not Having Short Term Health Insurance Benefits

Short-term health insurance provides health care coverage during periods of transition. A temporary health insurance policy covers health care needs when you graduate from college and haven't yet found a job with health benefits. Temporary plans also cover individuals and families during the transition period between jobs when a new policy requires a standard waiting period. If you choose to go without temporary coverage, you may face significant risk to your health or your finances.

Financial Ruin

• Some people try to avoid the expense of temporary health insurance benefits, but the financial risk of being temporarily uninsured may cost you even more. Injury, accident and illness can happen when you least expect it, even during a short period of time when you are without coverage. Maintaining a short-term health insurance policy protects you against the possibility of financial crisis by covering the high cost of emergency room and doctor's office visits in the event you or a family member suddenly become ill or experience an unexpected injury. Short-term health insurance benefits may also cover prescription drug coverage if you develop a condition that requires medication.

Poor Health

• Short-term health insurance benefits can empower you to protect your health and ensure you stay well by seeking the right medical treatment and guidance as necessary. If you develop a medical condition or experience an injury while you do not have temporary health insurance benefits, you may avoid seeking medical assistance due to your lack of coverage. In some cases, even a minor injury or illness can develop into a more serious condition without medical attention. A fractured bone or torn muscle that is left untreated can become a permanent physical disability. Even a simple illness like the flu can transform into a life-threatening condition if left untreated.

Pre-Existing Conditions

• Some insurance carriers have guidelines regarding pre-existing medical conditions. If your medical records indicate that you have experienced a condition or symptoms of a condition prior to enrollment in your insurance provider's health insurance plan, you may be required to undergo a waiting period before your insurance application will be accepted and your claims will be covered. If you have maintained continuous health insurance coverage prior to your application, you can override this potential requirement and receive health benefit coverage immediately. A short-term health insurance policy that prevents a lapse in coverage ensures you will be covered in the event you or your doctor discover you have a medical condition.