Short Term Medical Plan Warnings

Short Term Medical... A Warning
It has a great sound but can lead to serious problems. You say, "I only need coverage until I get a job, or for a short time." The problem with short term medical is it is short term even if you develop an illness that requires long term coverage. In Texas short term Medical is not guaranteed renewable. By this I mean the company will terminate coverage at a specified time (6 months or 12 months)and in most cases can not be converted to permanent coverage. This doesn't sound like a problem unless you develop a condition, have an accident, don't find a job, or need to continue coverage longer than anticipated. In my opinion, Short Term Medical Plans are a waste of money and a serious risk to most consumers. Those that need the coverage will loose it and those that don't need it...well the are protected for a time.

The better choice... Major Medical
Compare the coverage and cost of a traditional major medical plan against a short term plan. You will find the cost are not that different, yet the risk are astronomical. I advise most of my client to take a major medical plan even if the only need a plan for a short period of time. I remind them of the risk with short term medical plans. I also remind them that is the stop paying for a plan the insurance company will surely stop the coverage!!!!

Brent Trice
http://www.DallasLifeAndHealth.com
http://www.DentonHealthQuote.com