Best Short-Term Health Insurance in Georgia (2024)

The primary function of short-term health insurance is to bridge coverage gaps; the duration of short-term health insurance policies often ranges from one year to as little as a few weeks or months. It's also an excellent alternative for individuals between employment or awaiting open enrollment.

Nevertheless, short-term plans are not compliant with the Affordable Care Act (ACA). As a result, they do not always provide the necessary health benefits, and providers can refuse coverage to applicants with certain medical conditions or preexisting diseases.

National General Accident & Health, with a score of 95, offers the best short-term medical insurance in Georgia. Overall, the best short-term health insurance policy offers reasonable premiums and coverage that suits your requirements. Meanwhile, Everest Reinsurance Company is the second-best option in Georgia, with a MoneyGeek score of 85.

Keep in mind that short-term health insurance should not substitute plans from the marketplace, especially since the latter provides essential medical benefits. MoneyGeek advises investigating subsidies to find a plan on the marketplace that offers superior coverage at a comparable cost to a short-term plan.

With a MoneyGeek score of 95 out of 100, National General Accident & Health is the best short-term health insurance provider in Georgia. The next best options would be the following:

• Everest Reinsurance Company: 85 out of 100
• Independence American Insurance Company: 65 out of 100

MoneyGeek ranked these providers based on the range of cost-sharing alternatives and the average MOOP costs. The average MOOPs of National General Accident & Health and Everest Reinsurance Company are below $8,000, while Independence American Insurance Company’s average MOOP is $9,833.

National General Accident & Health has the cheapest short-term health insurance rates in Georgia, with an average MOOP of $7,500. Keep in mind that higher out-of-pocket maximums typically accompany lower premiums. If the short-term health insurance cost is your primary concern, you should ensure that it offers enough coverage for your medical requirements.

Purchasing health insurance for one month in Georgia is an option. People who are unemployed or between employment might favor cheaper rates, but this typically comes with higher out-of-pocket costs. This is an excellent alternative for those who do not require frequent doctor visits.

MoneyGeek reviewed the prices and cost-sharing choices of each firm and determined the following to offer the best short-term health insurance between jobs:

• Companion Life Insurance Company: $158 per month
• Everest Reinsurance Company: $173 per month
• UnitedHealthcare: $187 per month

Each of the above providers offers monthly premiums in the $150–190 range. Companion Life Insurance Company has more affordable premiums than the runner-ups and covers up to $1 million.

The purpose of purchasing short-term insurance is to serve as a stopgap solution until you can purchase long-term insurance. It typically lasts a few months and functions as a reactive rather than a preventive measure.

If you wish to prolong the duration of your short-term coverage, you may typically do so by renewing your policy. In Georgia, you can renew a plan for up to 36 months (or three years).

Purchasing short-term health insurance in Georgia might be a daunting task. MoneyGeek addressed the most frequently asked questions so that you may get started with less anxiety.