Short Term Medical (STM), supplemental plans and Health Care Reform
Short‐term, limited duration plans are not subject to certain provisions of federal health care reform, including the provisions related to Essential Health Benefits, lifetime limits, preventive care, guaranteed renewability, and pre‐existing conditions. The preexisting condition exclusion for Short Term Medical plans will apply for all insureds, including those under the age of 19. Examples of the claims STM plans do not cover are for most preventive care, maternity, mental health and treatment related to medical conditions they had prior to the plan’s effective date. Because these plans are not guaranteed renewable, the applicant may not be eligible for another short‐term plan after the plan’s termination date; and the pre‐existing condition exclusion will apply to any conditions that arose during any prior short‐term plans. Know your plan.
Short Term Medical and supplemental accident and critical illness plans offer affordable coverage, but may have eligibility questions (so you can be declined) and do not provide Minimum Essential Coverage. This means the insured may have to pay a tax penalty, depending on their income level and the cost of plans available.
SHORT TERM MEDICAL AND SUPPLEMENTAL PLANS PROVIDE LIMITED BENEFITS
Plans underwritten and administered by Starmount Life Insurance Company. Policy Form No. IDN2013P. This is a brief description of the plan and should be used only as a guide. It does not contain complete plan details. Terms and conditions, including a complete list of benefits, limitations and exclusions, are defined in the policy issued following enrollment in the plan. If questions arise concerning coverage, the policy will govern. Not available in all states. Rates and benefits may vary by state.
L.I.F.E. Membership privileges include life-style related benefits and services in programs offered by the Association. By applying for membership, you understand that dues are required and if participating in a sponsored insurance program, your Association membership annual dues may be collected in installments along with your insurance premiums. Membership in an Association may be required in order to be eligible for this insurance coverage.
National General markets products underwritten and issued by Time Insurance Company, National Health Insurance Company, Integon National Insurance Company, Integon Indemnity Insurance Company.
© 2016 National Health Insurance Company. All rights reserved.