Short-term health insurance plans provide a safety net if you are transitioning between life events (like retirement or graduating college). They are low cost options that are available all year-round. However, you must be aware that these plans are not considered minimum essential coverage under the Affordable Care Act. Additionally, the individual mandate penalty only allows coverage gap of less than three months.
Talk to an expert Century Benefits agent, and we’ll help you determine if a short-term health insurance plan is right for you.