What is the difference between Short Term Health Insurance and typical major medical health insurance?
Short Term Health Insurance does not provide coverage for all of the conditions that a typical major medical policy would cover. Short term plans rarely provide coverage for preventive costs such as blood tests or lab tests. Short term plans also generally do not cover maternity costs. Because short term policies are slightly more restrictive in what they cover, they are also cheaper than the average major medical policy. A short term plan with a deductible of $500 will be considerably cheaper than a major medical policy with a similar deductible.