Susanv
Confused about dryer sheets
Hi! Does anyone recommend using Short-term Health Insurance for gap coverage until one reaches Medicare eligibility? When my husband retires, he will be 65, I will be 63. I will need coverage for 2 years.
Short term coverage is not health insurance. It's more like limited emergency care insurance, and only good for shorter periods, a few months a best. For 2 years, traditional health care coverage is needed.
Hi! Does anyone recommend using Short-term Health Insurance for gap coverage until one reaches Medicare eligibility? When my husband retires, he will be 65, I will be 63. I will need coverage for 2 years.
PS: Just thought of another choice---a part time job (e.g.: Starbucks) which provided HI for such employees.
Incorrect? That's pretty harsh.All three of MichaelB's statements are incorrect. Batting 100%!
(1) The short-term coverage I purchased for 2017 resembles - to a remarkable extent - the type of health insurance policy I was able to buy when I first began purchasing private health insurance in 2007. Whether this type of policy would work for you depends upon the details of your particular situation. Note: these policies are Obamacare non-compliant, so a penalty may be owed on your 2017 taxes if the individual mandate survives.
(2) I purchased the longest-term policy available - 11 months. More than a few months, but less than a year. I'll purchase a one-month policy for December 2017 if necessary.
(3) Some states allow you to chain short-term policies together indefinitely; some don't. So (theoretically, at least), you could cover an arbitrarily long period with short-term policies. However, most people (including me) don't find this an attractive prospect, but sometimes you do what you gotta do.
Welcome to wonderful world of thinking outside-the-box! It's not for everyone.
Incorrect? That's pretty harsh.
Hi! Does anyone recommend using Short-term Health Insurance for gap coverage until one reaches Medicare eligibility?
Appreciate, but there are experts on healthcare insurance here on the forum, and I'm not one of them.Harsh indeed, considering IMO MichaelB is the de facto expert on HC on this forum.