The pros of Short-term Health Insurance:
- Competitive costs are often lower than major medical plans
- Coverage becomes effective quickly, normally within 1-14 days
- Coverage is easy to cancel at short notice, especially if you have a month-to-month payment plan
The cons of Short-term Health Insurance:
- Not renewed automatically
- Limits on how many times you can renew them
- Temporary health insurance plans typically don’t cover all ten categories of essential benefits
- Not all states or insurance providers across the U.S. offer short-term medical insurance