Everest Insurance

Everest Insurance offers short term health plans that can allow you to maintain critical health protection during life’s transition periods.

Everest short term medical plans are currently available in 25 U.S. states. 

What is Short Term Health Insurance?

Short term health insurance is designed to cover basic medical needs during a gap in ‘regular’ health insurance coverage. For some people, short term insurance becomes necessary after losing a group plan or COBRA. For many others, it is just to maintain health protection until health insurance open enrollment begins again.

Short term health insurance plans don’t provide the same level of preventive care as ACA health insurance plans. They can last up to a year, but can be canceled at any time without a financial penalty.

Do I Need Short Term Health Insurance?

Getting a short-term health insurance plan could be a good idea if you:

• Are between jobs or have been laid off
• Missed the deadlines for the ACA health insurance open enrollment
• Want something less expensive than a COBRA plan
• Are waiting for Medicare eligibility
• Are no longer covered by your parent’s plan

There are some limitations to short term plans, including:

• Limited or restricted coverage for pre-existing conditions
• No dental or vision care
• No coverage for prescription drugs (unless administered during hospitalization)

Everest Insurance Plan Options

Everest allows members to choose the following options when building a short-term health plan:

• Deductible level ($1,000, $2,500, $5,000, $7,500, or $10,000)
• Copays ($40 or $50)
• Co-insurance (50/50. 70/30, 80/20/ or 100/0)
• Coverage limits ($250,000, $750,000, $1,000,000, or $1,500,000
• Monthly or prepaid payment options
• Duration of coverage