The average cost of short-term health insurance can vary depending on the policy. However, for most individuals, the average cost is much lower than traditional health insurance. In many cases, people can find excellent coverage and save lots of money in the process. Here are some of the many benefits that come with purchasing short-term health insurance:
1. Cost Savings
Short-term health insurance typically costs much less than traditional health insurance—in some cases up to 50% less. Even if you are healthy, your premiums can still be much lower than the rates of traditional health insurance.
2. Flexibility
Because short-term health plans are usually available for a 3-month, 6-month, or 12-month period, you have the flexibility to modify your coverage is needed. If you have a fluctuating income, this type of insurance can be especially helpful since it allows you to adjust the coverage as your needs change.
3. Variety
There are a range of short-term health plans available, so you have the ability to choose the coverage that works best for you. Many of these plans cover the basics, such as doctor visits and prescriptions, but you can also find more