Unemployed men and women have found it difficult to meet the costs of providing for themselves when it comes to medical treatment. While certain programs like COBRA have aided many men and women who have lost their jobs, there are alternative options that are being used by some unemployed individuals to provide themselves with healthcare coverage in cases where a medical emergency arises.
Short-term health insurance plans are offered to help individuals who may be between jobs or for recent college graduates who may be uninsured at the present time. Typically, these short-term health insurance plans may not provide as much coverage or be as comprehensive as other forms of health insurance, but they do cover policyholders in catastrophic cases.
Catastrophic emergencies, which can be due to factors like an automobile accident or personal injury often cost a great deal in medical expenses. Unemployed men and women are not exempt from the unforeseen illnesses or injuries, so many have opted to buy into a short-term health insurance policy to cover themselves in case an emergency medical situation arises.
While these unemployment health insurance plans may be unhelpful for covering costs related with routine doctor visits for seasonal colds, flu’s, and similar conditions, their main goal is to prevent the policyholder from obtaining a great deal of debt in the case of an emergency.
The price of policies will vary depending upon the short-term health insurance plan one chooses, but affordable short-term health insurance plans are available to help those who may be able to afford these cost-efficient health insurance plans to assist them in avoiding expenses related to catastrophic medical emergencies that could arise in the future.