When you have lost your job and the group health insurance that you had with it, there are three options you can use to remain insured.
1. If your former employer was large enough, they are required to offer you continuing medical insurance under a federal law called COBRA. Ask the HR department about it. The problem with COBRA is that it can be quite expensive because YOU will be paying all the premium instead of having your employer share the cost. COBRA lasts for 18 months.
2. You can buy your own conventional major medical insurance if you have no pre-existing conditions that make you uninsurable. It can be as expensive as COBRA but it does put the control in your hands because it does not expire and you alone decide if you will keep the insurance. All you need to do is continue to pay the premiums; you can't lose it by being fired or having your company close it's doors, your insurance company cannot decide to stop insuring you because you have been costing them too much.
3. You can buy short term medical insurance. This temporary health insurance can be good bridge insurance to your next group plan. It is much less expensive than COBRA or conventional major medical insurance but it does have a limited time of coverage - up to six months or up to twelve months depending on your state of residence. You can request a rewrite if you need coverage for a longer time.

To explore your options on-line at no cost and no obligation, go to www.wavehelp.com.

The contraction of our economy has caused many good jobs to disappear - at least for a while. What should you do about medical coverage when you are laid off or between jobs. You know that you should not go without health insurance but it can be so expensive. Many people who are temporarily out of work will find short term medical insurance to be just what they need. By acting as bridge insurance to cover their medical needs until they are called back or they get a new job, temporary health coverage provides inexpensive peace of mind. Check out more information at http://www.wavehelp.com/short-term-medical-coverage.htm

We have had a large increase in inquiries to our web site from Indiana. It seems that IN, MO, IL, PA, and other states have experienced exceptionally severe effects from the current economic recession. As a result, many workers have lost their jobs and with that change have lost their group health insurance as well. So, we have seen a high number of Internet searches from; IN health insurance, PA medical insurance, IL health plans, and MO medical coverage. If you are among those who are seeking help and answers, I can offer a place to look for help. It will give you a fuller understanding of your search for medical coverage with no tricks and no obligations. Go to http://www.wavehelp.com/short-term-medical-between-jobs.htm

As with nearly all decisions, there are factors that argue FOR the decision and those AGAINST.

In the case of temporary medical insurance, the factors that argue for it include:
...much less expensive than conventional insurance,
...available as early as tomorrow morning rather than after a time-consuming underwriting process that can delay issuance for two weeks or more,
...allows policy holders to receive services from any doctor, any hospital, any pharmacy,
...policy works anywhere in the US.

The factors that can be viewed as negative are:
...the policy will not cover any pre-existing conditions,
...the policy does not pay for a well-patient checkup,
...the policy ends at a specified time even if you are under care at the time (there is usually a limited continuation of coverage),
...if an accident or illness while covered creates a pre-existing condition that prevents a rewrite (a subsequent short term health insurance policy to extend coverage) or issuance of a conventional health policy, future coverage is out of the question.

So, the purchase of short term bridge coverage is a balancing act - just like nearly everything else. Get more details at www.wavehelp.com/temporary-medical-features.htm

For most people, there are three major categories of health insurance: group plans at work, conventional individual or family medical insurance, and individual or family short term health coverage. Each of these categories of health coverage have company-to-company differences within them. They also can have similarities between them. So, what makes short term health insurance different? The clue is in the name, "term".

In this discussion, when I use "term", I mean time period. Group plans and conventional health insurance share a characteristic. They are perpetual; that is, they remain in force until the insured person or family decides the coverage should end.

In contrast, short term medical insurance is temporary; that is, a policy lasts no longer than a specified time. At the end of that time (typically six months or twelve months) the coverage is over - whether the insured person would like it to continue or not. It is this characteristic of the short term policy that contributes most to the much lower rates that are usual with this kind of medical coverage.

Most insurers allow a covered person to request another short term policy and the new policy can usually begin on the same day as the old policy expired.

Short term insurance can serve a real need. There are more details at http://www.wavehelp.com/temporary-medical-features.htm

Labels: short term medical insurance

Many employees are getting caught in the cutback caused by our slowing economy.

Without a group plan that is at least partly paid by their employer, health insurance can be a heavy burden. Affected employees have less income which is bad in itself and they also have more expense for medical coverage. It is a budget buster.

COBRA is an expensive option required of large employers. But, if the employer is small (and not required to offer continuation of group medical coverage) or the expense of COBRA is too high, laid off employees have another solution.

They can get Short Term medical insurance. Almost always, this temporary health insurance is less expensive than COBRA or conventional health coverage. The good news is that it is very robust health insurance allowing the covered person to get medical treatment from any doctor, any hospital, any pharmacy. There is no need to obtain a referral. Get more information at http://www.wavehelp.com/short-term-medical-cobra.htm

Many students who graduated from high school a few months ago are getting ready to start their college career. Others are returning college students.

Short term medical insurance can be a smart choice for these young adults. It allows them to go to any doctor, any hospital, and any pharmacy. It simplifies medical care in this transition time when they are getting fully accustomed to living away from home. Rather than being restricted to "participating providers" they can go to a nearby provider who may have been recommended by a friend. Doctor services, hospital services, and prescription drugs are covered with just one ID card.

Though short-term health insurance is very comprehensive, it is also simple to use. Just go to the appropriate health care provider (no referral is needed) explain your symptoms and receive treatment. The provider will bill the insurance company directly (there is no office co-pay).

There is a wealth of additional information at http://www.wavehelp.com/frequently-asked-questions.htm and you can get a quote or apply on-line by clicking on the yellow rectange in the upper right corner.