Where can you buy 6 and 12-month short term health insurance plans? eHealth breaks down pricing and availability by state.
On October 2, 2018, short-tern health insurance plans with 12-month terms will be available to people in 26-states and the District of Columbia, and 6-month terms will be available in another 10 states on eHealth.com.
That’s good news for people who need access to affordable health insurance coverage. Short-term health insurance plans have become the affordable alternative for people who can’t afford the major medical health insurance available through the Affordable Care Act (ACA or Obamacare).
ACA coverage is comprehensive, but it has also become increasingly expensive (see our latest report).
Short-term health insurance plans cover the majority of benefits people want at an affordable price, according to a recent eHealth study, but have always had the limitation of declining coverage for some pre-existing medical conditions.
In the past year, another hurdle for people seeking short-term coverage was a federal regulation passed in 2016 that limited short-term coverage to 90-days. Those regulations were reversed in 2018, paving the way for 36 states to extend the duration of short-term plans to 6 and 12-month terms, starting on October 2, 2018.
Short-Term Health Insurance by state
While the federal regulation limiting short-term plans to 90 days has been reversed, some states have passed their own rules that put limits on how long a person can stay on short-term coverage.
Here is a breakdown of your extended duration short-term plan options, by state, at eHealth.com.
- 12-month-maximum coverage will be available at eHealth.com in: Alabama, Arkansas, Washington D.C, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Maine, Mississippi, North Carolina, Nebraska, New Mexico, Ohio, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Virginia, Wisconsin, West Virginia, and Wyoming.
- 6-month-maximum coverage will be available ateHealth.com in: Arizona, Colorado, Connecticut, Indiana, Michigan, Minnesota, Missouri, Nevada, Oklahoma, and Utah.
- 4-month-maximum coverage will be availableeHealth.com in: Montana
- 90-day maximum coverage will be available eHealth.com in: Alaska, Hawaii, Maryland, Oregon and Washington.
- Short-term health insurance will be unavailable eHealth.com in: California, Massachusetts, New Jersey, New York, North Dakota Rhode Island, New Hampshire and Vermont.
How much can you save with short-term health insurance, compared to ACA-compliant (Obamacare) coverage?
eHealth surveyed 26 metro areas in 25 states and compared the cost of 6 and 12-month short-term plans with the cost of ACA-compliant plans. For comparison, eHealth looked at prices compared the lowest cost ACA-compliant plan available on Healthcare.gov to the lowest-priced short-term plan available (with a $5,000 deductible or less, and 20% coinsurance, or less) available on eHealth.com for a 40-year-old single woman.
Highlights from eHealth’s analysis:
- Individuals save over 60 percent with 12-month short-term policies – The average lowest premium for ACA-compliant coverage for a 40-year-old woman was $349 per. By contrast, the average lowest premium for short-term coverage for a 12-month plan is $107 per month; a savings of $241 per month or 69 percent.
- 12-month plans cost 64 percent more than 90-day plans – The average price for 90 days of coverage was $65 per month, compared to the $107 price point for a 12-month term.
- 12-month plans cost 21 percent more than 6-month plans – The average price for 6-months of coverage was $88 per month, compared to $107 for the lowest cost 12-month plan.
If you’re in the market for affordable health insurance, eHealth.com is still your one-stop-shop to finding affordable coverage. Learn more at eHealth.com
Here is eHealth’s breakdown on pricing at the Metro-level
|Zip, City, State||Cheapest ACA plan||Cheapest 90-day short-term plans||Cheapest 6-month short-term plan||Cheapest 12-month short-term plan|
Des Moines, IA
St. Louis, MO
New Orleans, LA
Little Rock, AR
Salt Lake City, UT
Las Vegas, NV