insurancequestion
Expert
- 78
I was curious ..if a client who can not get a subsidy for a compliant ACA plan and doesn't want to pay the higher premiums and is 4 years or so away from Medicare age....does it make sense, or is it wise for him/her to get a short Term health plan for the lower premiums?
Add some ancillary products such as critical illness, stroke, accident policies to help supplement in the event something catastrophic does happen ...
If something catastrophic happens, then they would be able to go to a ACA plan during open enrollment that year? If the client has the resources or ancillary policies to help bridge the cost with the Short Term Health insurance until he/she can get on a ACA plan that would start the next year?
bad idea..?
Add some ancillary products such as critical illness, stroke, accident policies to help supplement in the event something catastrophic does happen ...
If something catastrophic happens, then they would be able to go to a ACA plan during open enrollment that year? If the client has the resources or ancillary policies to help bridge the cost with the Short Term Health insurance until he/she can get on a ACA plan that would start the next year?
bad idea..?