• Missed Open Enrollment
• Are between jobs
• Are waiting for new employee benefits to kick in
• Don’t have the budget for major medical plans
• Don’t want to pay for benefits they don’t need
• Are waiting for Medicare
The private insurance market operates outside of the Marketplace. These plans are good for healthy individuals that are looking for emergency coverage. Private/ Short term health insurance plans are not required to follow the rules of the Affordable Care Act.
Private/Short term insurance plans do not provide as comprehensive coverage as you may find on the marketplace, although healthy individuals that are looking for emergency coverage will find more flexibility, larger networks, and lower costs in the private market.
Pre-Existing Conditions / Limitations / Exclusions
Check out the boring PDF below to get specific information on the types of limits and exclusions found in some private market plans.