Unemployed individuals may have health insurance options outside of popular choices like COBRA through short-term health insurance policies. Understandably, many individuals who have been out of work or who are uninsured find meeting medical costs out of pocket to be quite difficult. In cases such as this, these short-term health insurance plans may help cover costs of major medical expenses and, in some cases, discounts may be given on routine treatments.
While health insurance plans from an employer, like those provided through employer group health insurance, are often more beneficial for an individual, an unemployed man or woman who is uninsured may stand to meet higher costs if an unforeseen illness or injury arises. With short-term health insurance policies these unforeseen medical problems may be made more affordable since, typically, short-term health insurance plans cover costs associated with high-priced medical treatment.
Yet, these short-term health insurance options for unemployed men and women may not be as beneficial for someone who may need treatment as in a routine checkup or may have a common illness or virus, but again, these temporary healthcare plans can help those who are unemployed avoid extremely high medical costs from procedures associated with medical treatment.
Unemployment health insurance plans will, obviously, range in price, but they can be quite affordable. Individuals who are unemployed may rank acquiring health insurance low on their list of things to do, but individuals who may have medical troubles or who simply want to err on the side of caution in the case that, again, an unforeseen illness or injury suddenly arises, may find options through these short-term health insurance policies.
While this type of insurance will not be beneficial or affordable for every unemployed man or woman, many have been looking into these plans as a way to at least cover themselves in the case of an automobile accident, personal injury, or some other situation that may arise which could bring a high level of medical costs for treatment or surgery. Advisers often suggest consulting insurance agents and looking at various policies so that an unemployed individual can find the most affordable plan with the most coverage they can get.