Standard Life Vs Other STM or Non MEC Plans

[yankee466]

Would STM pay out on a kidney stone surgery or brain cancer after 2 months on a new policy?
Which carriers ? I had an HCC STM
That did not pay out my kidney stone claim two months into a new policy

HCC STM policy says it will not cover "kidney disease".....and in a STM policy, I do not see that as an issue since you likely already would have had it when you applied. Kidney Stones is not considered kidney disease as a rule. A person prone to kidney stones would likely have a pre-ex issue with any carrier. If you never had one before....and the labs did not indicate you were likely to have one...then you have something to appeal IMHO.

 

[AllenChicago]

This time of year, I will use STM plans as better than nothing when someone has missed the open enrollment for whatever reason....cost or ignorance. If they need coverage for the rest of the year, I will offer them a STM plan that goes longer than 6 months to avoid the potential issue that Bob pointed out. If there are no pre-ex issues......it seems to give the clients the peace of mind that they seek.....and it is generally a very affordable option, even with an ACA penalty thrown in at times.

Exactly right! Better than NOTHING. And a wise decision to not write a 6 month plan before July in any given year, while ObamaCare is still law.

 

[Yagents]

Kind reminder:

https://nahucomplianceblog.wordpress.com/2016/02/18/short-term-policies-no-aca-panacea/

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Or, maybe STM + Intuit Gold package = exemption from penalty

70 Percent of Uninsured Taxpayers Claim Health Care Exemption Saving up to $1000 | Business Wire