Best Short-Term Health Insurance in Delaware (2024)

The normal duration of short-term health insurance is one year, but the coverage duration may range from a few weeks to more than a year. Since it is not ACA-compliant, it frequently excludes coverage for fundamental medical services.

Short-term health insurance fills in any brief gaps in coverage that may arise if someone forgets to sign up during open enrollment or is between jobs. Insurance providers have the right to refuse candidates with extensive medical histories or pre-existing diseases.

UnitedHealthcare and Companion Life Insurance Company — with scores of 85 and 78, respectively — offer the best short-term health insurance in Delaware. The top temporary health insurance, though, combines affordability with personalized coverage.

Remember, market-based plans with essential medical benefits are more advisable than temporary health insurance. You might be able to locate a market plan with coverage superior to a short-term plan at a comparable price by researching subsidies.

UnitedHealthcare is the best Delaware short-term medical insurance provider. The full list of state-approved short-term health insurance companies is provided below by MoneyGeek, along with each company's score:

• UnitedHealthcare: 85 out of 100
• Companion Life Insurance Company: 78 out of 100

The array of cost-sharing options and typical maximum out-of-pocket (MOOP) expenses were taken into consideration while choosing these companies. The average MOOP for the winner is $11,321. It's around $12,438 for the runner-up.

The cheapest short-term health insurance in Delaware is provided by UnitedHealthcare — with an average MOOP of $11,321.

Although lower premiums frequently come with higher out-of-pocket costs, they can still be beneficial. Make sure the coverage is enough for your needs when choosing a plan based on affordability.

Low-cost premiums could appear desirable if you are in between jobs. However, it's not good if you frequently need medical attention because they typically have significantly high MOOPs.

After comparing their premiums and cost-sharing options, MoneyGeek considers the following short-term health insurance in Delaware best if you’re in between jobs:

• UnitedHealthcare: $99 per month
• Companion Life Insurance Company: $128 per month

All of these companies provide premiums that range from $99 to $128 per month. The Companion Life Insurance Company has the upper hand with seven different plan options available.

Short-term health insurance, which generally only lasts a few months, is meant to act as a stopgap until you can obtain long-term coverage. It is more of an emergency plan than it is a preventive strategy.

In some states, you might be enrolled in a plan for 364 days and have it renewed, keeping you covered for more than a year. In Delaware, however, a duration of three months might be reached without renewals.

Navigating the complexities of Delaware's short-term health insurance options can be tricky. The following frequently asked questions were addressed by MoneyGeek to simplify the process.