Which plan
is right for
you?

Shop for Insurance

Have a question?

Speak with a licensed insurance expert

Mon-Sat 8AM – 6PM CST

7 Benefits of Short Term Health Insurance in Texas

Reading Time: 4 minutes

Table of Contents

Did you know that as of the last quarter of 2018, 13.7% of Americans had no health insurance?

That’s right.

What’s more, that represents an increase of 2.8% among the uninsured! Meaning, there are now seven million more people in the U.S. without any health coverage.

Texas is home to many of these uninsured individuals. In fact, the state has the highest rate of uninsured adults in the entire country. It also has the third-highest rate of uninsured children.

If you’re one of these people, it’s time you consider getting short term health insurance in Texas. With this, you can finally say goodbye to all the worries that plague you due to having no insurance.

The question is, what exactly are the benefits of a short term medical insurance plan? What can it bring to the table that an Obamacare plan can’t?

All these questions, we’ll answer in this post, so be sure to read until the end!

1. High Coverage Amounts

Some of the best short term health insurance plans insure you up to $2 million. Of course, if you don’t need such extensive coverage, you can tailor your coverage based on your needs. In short, you have the option to purchase a plan that lets you pay only for what you need and can afford.

Let’s say you want to opt for the Short Term Medical Plus plan. With this, you get to choose among a range of easy-to-afford deductibles. A deductible is the upfront payment you need to shoulder before your insurance kicks in.

If you get sick, you only need to pay the deductible first. The insurance will then pay 80% of the next $10,000 worth of coverable expenses. The remaining 20% will be your co-share payment.

If your coverable expenses exceed $10,000, the plan will cover 100% of the rest, or up to its limits of $1 million.

2. Lower Costs Compared to Obamacare Plans

Did you know that the average monthly premium of ACA health insurance in Texas went up to $444 this 2019? That represents a huge increase of 2.3% from the year before! That also means the yearly average cost of a health plan has risen to $5,3288.

For many Texans, over $5,000 for health insurance alone is too steep. At the same time, many can’t afford not to have health coverage. Especially with healthcare spending in the U.S. having reached $3.65 trillion in 2018.

Temporary health insurance provides a solution to both issues. It can cost up to 50% less than an Obamacare plan. Plus, their flexibility can drive their total costs even lower.

3. Locked-In Rates

A short term medical insurance plan can save you even more money by offering a locked-in rate. That means you don’t have to worry about seeing a sudden rise in your monthly premium. You pay the same amount every month until your plan reaches the end of its term.

Also, since you know exactly how much you’ll pay in the next 11 months, it’s easier to fit into your budget. This then makes your premiums much easier to manage.

4. Coverage Kicks in within 24 Hours of Application

Yes, you can get approved for and start using a short term insurance plan within the next day of application! That makes these temporary plans a great alternative to an Affordable Care Act plan. This is especially useful if you missed the enrollment period to get covered.

This quick approval also makes it a good choice for those who lost their coverage due to work layoff or job change. You should also consider this if you had to retire early but you’re not eligible for Medicare yet.

In fact, a short term health plan is a good solution to any other situation wherein you need coverage ASAP.

5. Availability of Discounts

The best temporary insurance plans in Texas are already affordable. The most reliable providers, however, make their programs even easier to budget for. That’s why they offer discounts on single-pay health plans.

6. Freedom to Keep Seeing Your Preferred Doctors

One of the biggest drawbacks to ACA health plans is the often-limited network. If your primary doctor isn’t part of the network, then your Obamacare plan won’t cover you. Either that or you see another doctor who’s part of the ACA network of doctors.

If you want to keep seeing the same group of doctors you’ve always had, a short term health plan lets you do exactly that. That’s because Texas short term insurance plans are part of a PPO network instead of an HMO.

7. Year-Round Protection from Unexpected Health Issues

Medical emergencies are on the rise, with U.S. EDs attending to over 145 million visits every year. In Texas alone, the rate of hospital ER visits was at 422 per 1,000 residents in 2017.

That should be enough reason for you to get insured as soon as possible. Otherwise, you could face exorbitant hospital bills and medical expenses.

With a short term health insurance plan, you can rest easy knowing you’re covered for an entire year. Even if you don’t have coverage yet, you can apply now and have the insurance by tomorrow. Then, you only have to think about renewing your plan by the 11th month of your insurance term.

Apply for Short Term Health Insurance in Texas Now

There you have it, the many benefits you can enjoy with short term health insurance in Texas. As you can see, it’s much more convenient, affordable, and accessible than an Obamacare plan. It’s also more flexible and versatile since you get to choose — and keep — your preferred doctors.

If you’re without health insurance, know that we can help. We can provide you the private health insurance plan that you need and can afford. Get your free quote now so you can start exploring your options!

Shop, compare, buy instantly from top rated carriers!

Share on facebook
Share on twitter
Share on linkedin
Share on email

Related posts

Back to top