Temporary Coverage

The Everest Insurance® company offers Short-Term Medical insurance plans, a temporary health insurance plan to cover unforeseen accidents and illnesses. A short-term plan can help you with basic medical coverage during a gap in insurance coverage. Premiums for these plans are quite affordable, though they provide fewer “essential health benefits” than comprehensive ACA plans. Most of these plans last up to 12 months1, but you may cancel at any time without penalties.

Who Can Benefit?

Short-Term health insurance is an available option for bridging the healthcare coverage gap for:

  • Individuals who missed the deadlines for the ACA exchanges and need to wait until the next enrollment period.
  • Individuals who have a waiting period before enrollment in another insurance program.
  • People who are temporarily in between jobs or who have been laid off.
  • People looking for a less expensive option than COBRA.
  • Those needing temporary coverage, such as:
    • College students or recent graduates.
    • Young adults coming off their parent’s health benefit plan.
    • Retirees waiting for Medicare eligibility.
    • Coverage for dependents not covered under any employer plan.

Short-Term Medical is not for everyone. It’s important to know what’s not covered, so you can avoid any surprises if you are not the right customer for this product, including but not limited to:

  • Pre-existing conditions are not covered.
  • Dental and eye care are not covered.
  • Prescriptions (unless administered during a covered hospitalization) are not covered.
  • Like most health insurance plans, services are subject to Unusual Customary and Reasonable (UCR) review to determine the Maximum Allowable Expense.
1DISCLAIMER: Everest Insurance markets property, casualty, specialty, and other lines of admitted and non-admitted direct insurance on behalf of Everest Re Group, Ltd. (“Everest”), and its affiliated companies. Additional information about Everest, our people, and our products can be found on our website at www.everestre.com. All coverage is subject to the language of the policy as issued.