It’s Only Temporary: The Benefits of Short-Term Coverage

That hard-core obstacle race seemed like a great idea at the time—until you wiped out on the log crossing and broke two ribs. The thing is, part of living involves taking risks. Short Term Medical Insurance can help you go on living without risking your savings.

This flexible coverage provides major medical insurance for short periods of time, giving you protection when you need it.  It’s ideal for recent grads or those who are waiting for employer coverage, in between jobs, or launching a new business.

For example, we found a plan from LifeMap that covers medically necessary services and supplies for up to 185 days. When your term expires, you can choose to buy a new one. And we like that it offers immediate coverage, unlike traditional insurance plans that can take 1-2 months to go into effect. (Talk about taking a risk!)

Here are some examples of what’s typically covered with a Short Term Medical Plan:

•Hospital room, board and general nursing care.

•Emergency room, outpatient and ambulatory surgical center charges.

•Physician services for diagnosis, treatment and surgery.

•X-rays, radioactive treatment and laboratory tests.

•Up to 30 sessions of physician, occupational and speech therapy.

•Organ transplants, including heart, kidney, liver and bone marrow.

•Up to 40 visits of home health care.

•Casts, splints, crutches, and other medical supplies.

You can generally choose from different deductible options to control the cost of your premium. As for things that may not be covered (like pre-existing conditions, massage or preventative care), that’s where Sprig Health comes in. Together, Short Term Medical and Sprig Health can be a great way to protect your health—and your finances. As for your wounded pride, well, there you’re on your own.