Typically, unemployed individuals have given little thought to health insurance, when it comes to seeking options outside of COBRA, since many feel most health insurance policies are simply too expensive. However, there are some jobless men and women who are turning to healthcare coverage for unemployed individuals, in the form of short-term health insurance policies.
Understandably, incurring additional costs while someone is unemployed is typically avoided, as most men and women without a job are looking to cut costs any way they can. While some may have alternative health insurance options while they are unemployed, short-term health insurance plans have allowed many men and women to cover themselves in case of a medical emergency, where high costs may be incurred for medical treatment.
These short-term health insurance plans for unemployed men and women will not cover routine checkups or low-cost medical treatment, in most instances, but have been used by many to insure themselves in case a sudden illness or injury arises and leads to costly medical care.
Health insurance plans for unemployed individuals can be costly, but the short-term health insurance plans, which again are only meant to cover someone in case an excessive amount of medical costs may be incurred due to an accident or illness, have provided low-cost insurance which can pay off in the long run.
Unemployed men and women have argued that these costs are unnecessary and a gamble, but with most policies being less costly than health insurance from COBRA, in many cases, those who have chose short-term health insurance plans have simply been guarding themselves against high medical costs in the event of an emergency.
These short-term health insurance plans do vary, and may cost more or less in certain cases, but arguments for these types of health insurance policies state that unemployed individuals who are covered in the case of a catastrophic emergency will, obviously, stand to acquire less medical debt than had they entered into a situation which required medical attention and they were uninsured.