Erickson Financial Services, Inc. &
Emmett J. King, LLC
Colorado Health Insurance Broker & Group Benefits Adviser
Short-Term Health Insurance
Erickson Financial Services, Inc. offers a large selection of short-term health insurance plans. Coverage begins the day after enrolling in any plan.
If you have any questions regarding our products or would like more information, please contact us:
UnitedHealthOne offers low-cost short term coverage with a per-occurrence deductible. The Minimum Coverage Period = 1 month. Choose a single payment or monthly payment option. Coverage can be terminated in the middle of a payment period, by request, on a pro-rated basis if necessary.
Minimum Coverage Period = 35 days.
Choose a single payment or monthly payment option. Freedom to choose any doctor. Rx is covered and subject to plan deductible. On plans with deductibles $500 or greater, only one deductible must be met for entire family.
Coverage cannot be terminated in the middle of a payment period or refunded on a pro-rated basis.
Temporary health insurance offered by IHC Groupis a perfect solution for individuals needing insurance in the short term, whether they are uninsured, unemployed, self-employed or just need an affordable insurance product that fits their monthly budget. Compare plans and pricing, and find the best option.
Petersen Int'l Underwriters
Temporary health insurance offered by Petersen International Underwriters is a plan with a maximum term length of 11 Months. The 11 month certificate period makes this plan an attractive alternative to other plans that limit coverage to 6 months. This plan covers eligible expenses caused by an illness or injury and incurred from any doctor or any hospital within the USA, however, when a First Health PPO doctor or facility is used, the patient will benefit from discounted services.
Short Term Medical (STM) Insurance
Short Term Medical Insurance is intended to be used as temporary coverage in-between jobs, during waiting periods for employer coverage, or while waiting for open enrollment. Short Term Medical Coverage is not intended to replace ACA compliant health insurance. Short Term Medical Coverage IS NOT required to comply with the Minimum Essential Coverage requirements of the Affordable Care Act (ACA). Short Term Medical Insurance DOES NOT cover:
- Health Conditions that exist/existed prior to purchasing the coverage (Pre-Existing Conditions), whether just symptomatic or diagnosed. Even if a disease has not been formally diagnosed, it can still be considered a pre-existing condition if you’ve experienced any symptoms or have sought treatment for symptoms. Any pre-existing condition that you are aware of, even if not formally diagnosed by a doctor should be considered a condition that will not be covered by short Term Coverage. For example, if you are currently taking blood pressure or cholesterol medication, a heart attack or stroke may not be covered by short term insurance. In this scenario, it is recommended that you purchase ACA compatible coverage, as opposed to short term health insurance,
- Adult and Child Preventive Care
Short Term Medical Coverage is much less expensive than any Individual or Family health insurance product that complies with the Affordable Care Act. This is because the coverage is limited and only intended to protect one from bankruptcy in the event of an unforseen, catastrophic major medical event in-between the time when ACA compatible coverage can be procured either through a broker, directly with a carrier or via the Health Insurance Exchange. If you use short term coverage as a replacement for ACA insurance, just because it is less expensive, you will be disappointed and put yourself at risk for out-of-pocket costs related to pre-existing conditions. We urge you to spend time reviewing our side-by-side comparison of short term major medical plans, for a better understanding of what is and is not covered. Using short term coverage as a replacement for ACA compliant coverage will also result in a tax penalty, if used for longer than 3 months out of a calendar year. Please do not mistake short term major medical insurance for coverage that will cover your existing health issues and prescriptions. It will not! To obtain coverage for maternity, labor and delivery, or current routine prescriptions, you must purchase an ACA compatible health insurance policy. Feel free to contact Erickson Financial Services with questions.