STM (short term medical) insurance is real major medical insurance . . . but with some limitations.
STM plans do not cover any pre-existing conditions.
The application process is simple, usually 5 yes/no questions or less.
A "yes" answer is an automatic disqualifier.
Most STM plans have a simple design of a deductible then coinsurance. A few have copays. Every one I have seen includes an Rx discount plan and some have PPO networks.
Benefit periods are on a month to month basis with most plans issuing a maximum of 6 months although a few offer 12 month policies.
When the benefit term expires so does your coverage. There is no renewal. Instead you apply for a new plan with new underwriting and new pre-existing limits.
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STM plans do not cover any pre-existing conditions.
The application process is simple, usually 5 yes/no questions or less.
A "yes" answer is an automatic disqualifier.
Most STM plans have a simple design of a deductible then coinsurance. A few have copays. Every one I have seen includes an Rx discount plan and some have PPO networks.
Benefit periods are on a month to month basis with most plans issuing a maximum of 6 months although a few offer 12 month policies.
When the benefit term expires so does your coverage. There is no renewal. Instead you apply for a new plan with new underwriting and new pre-existing limits.