Texas Temporary Health Insurance

Posted on October 31, 2011 by Admin
Texas Temporary Health Insurance

Texas Temporary Health Insurance

For most individuals whose access to traditional health insurance has been interrupted — due to a layoff, job change, a move to another state or similar event — temporary health insurance may be a viable alternative. In fact, it can be a lifeline for these people’s budgets during some of life's common transitions.

Who Needs Temporary Health Insurance?

The good news is that most Americans have health insurance. In spite of the numbers often cited in the current debate over healthcare reform, the vast majority of adults in the United States are covered through their employers. Another large group, those older than 65, are covered by Medicare. A smaller percentage buy their own individual policies. But any of these situations can change at a moment's notice, making temporary health insurance a valuable option.

Temporary health insurance can help a person bridge the gap if:

  • He is between jobs due to a layoff, downsizing or simple career change ?
  • He has just graduated college and is no longer eligible for coverage under his parents' policy ?
  • He is changing jobs and looking for a lower-cost alternative to COBRA ?
  • His temporary, part-time or seasonal job doesn't offer health insurance ?
  • He has started a new job but is still in the waiting period before employer-sponsored coverage kicks in

A person in any of these situations may be tempted to save money by going without insurance, especially if his lack of coverage is only for a short time. But accidents can happen to anyone at any time. A temporary policy offers crucial financial protection against the possibility of a large hospital bill. In addition, if an individual is diagnosed with a serious illness while uninsured, it can be very difficult for that person to obtain traditional insurance coverage later.