Short Term Plans

SHORT-TERM PLANS (& HSM PLANS))

Golden Rule/United Healthcare National General

Short-Term Health Plans (offered by National General Insurance Company):Short—Term Health Plans may help

Georgia consumers in these situations:

Change of employment. If you were a Georgia resident who was laid off or lost your job, you can still get covered while in between jobs and employee benefits.

Affordable Care Act Marketplace Plans (also known as Obamacare). If you are a Georgia resident and can’t get major medical coverage because you either missed Open Enrollment Period (11/1/2018-12/15/2018) or you don’t qualify for
Special Enrollment Period (12/16/2018-10/31/2019), a short-term plan may help you.

Before Medicare. If you are a Georgia resident waiting for Medicare coverage, a short-term plan can protect you prior to your Medicare part A and Medicare part B becoming effective.

Special Activities. If you’re a Georgia resident engaging in special activities and you don’t currently have major medical insurance, you may need proof of insurance. A short-term plan may help.

Short Term Health Plans advantages:

Affordable Rates. If you are a middle or upper-middle, or high-income Georgia household and a Marketplace plan is simply not affordable for your family, short-term insurance can have relatively low, affordable rates. If you are a lower to middle income household, a marketplace plan may be a better option however.

Quick Approval: Many short-term health insurance applicants are approved and receive proof of insurance quickly.

Flexible Terms. Short-term plans can cover Georgia residents for 3 months to 12 months are these plans can be renewal for each term. .

Peace of Mind. Each year, nearly 45% of personal bankruptcies are caused by unpaid hospital bills. A short-term health plan can help you bridge the coverage gap.

HSM/HCSM Plans (offered by Aliera Healthcare)
These plans have become extraordinarily popular since enrollment in one of these plans allows the plan member to be exempt from the Affordable Care Act mandate. Further, as Marketplace Plans began to increase, particularly for middle and upper middle-income households, these plans are relatively affordable, particularly for younger and middle- aged households

Aliera Healthcare Plans are known by several different names: Alternative Healthcare Plans, Cost Sharing Plans, Healthcare Cost Sharing Plans, Healthcare Cost Sharing Ministry plans and even sometimes as Christian Health Plans
(although no specific religious affiliation is required)

There are 4 different categories of HSM / HCSM Plans offered by Aliera Healthcare: (1) Catastrophic Plans: known as AlieraCare Plus Advantage plans, (2) Short Term Plans: known as AlieraCare Interim Care plans, (3) Standard
Plans: AlieraCare Value-Plus-Premium plans, and (4) Comprehensive Plans: AlieraCare Bronze-Silver-Gold plans.

Compared to Affordable Care Act Marketplace Plans, Cost Sharing Plans may be relatively affordable for younger households and middle age upper income households.

The rates for Cost sharing plans are based on age, not income. Although rates are not based on income, rates for a family are based on the oldest age of the enrolling family member and at least one adult must be enrolled in a
family plan.

Since HSM / HCSM plans are offered by Healthcare organizations and not by insurance companies, they cannot be classified as insurance. This is healthcare cost sharing and is NOT insurance

Since these plans cannot be classified as insurance, the terminology is also different from insurance plans.

Instead of “Co-Pays”, they are identified as “Consult Fees”.

Instead of “Deductible”, it is identified as MSRA: “Member Shared Responsibility Amount.

SHORT-TERM PLANS (& HSM PLANS))

Golden Rule/United Healthcare National General