Best Short-Term Health Insurance in Louisiana (2024)

You may consider purchasing temporary medical insurance in Louisiana if you need to bridge a gap between long-term plans when changing jobs, while waiting for open enrollment or before qualifying for Medicare.

Short-term health insurance policies don’t meet ACA compliance requirements, so they generally don’t cover essential health benefits or pre-existing conditions.

According to MoneyGeek, National General Accident & Health is the best overall short-term medical insurance provider in Louisiana, scoring 95 out of 100. The second-best provider in the state is Everest Reinsurance Company, scoring 85 out of 100. The best company for you will depend on affordability and how the plan matches your healthcare requirements.

While short-term policies bridge the gap in health insurance, you should not use them to substitute marketplace plans, which offer all the core benefits. Check whether you qualify for subsidies that can help you purchase a marketplace plan at a rate similar to short-term insurance.

The best overall short-term health insurance in Louisiana, based on MoneyGeek scores, comes from:

• National General Accident & Health: 95 out of 100
• Everest Reinsurance Company: 85 out of 100
• Companion Life Insurance Company: 63 out of 100

MoneyGeek rated these companies based on their average out-of-pocket maximums (MOOP) and cost-sharing options.

National General Accident & Health and Everest Reinsurance Company have MOOPs of $7,500 and $7,958, respectively. Companion Life Insurance’s MOOP of $12,438 is significantly higher.

MoneyGeek’s findings indicate that National General Accident & Health provides Louisiana’s cheapest short-term medical insurance. This insurer’s average maximum out-of-pocket cost is $7,500, the lowest in the state.

Louisiana residents on a budget may find cheaper health insurance plans from National General Accident & Health. However, low-premium plans usually feature high out-of-pocket limits, so always confirm that they offer sufficient coverage for your medical needs.

The best short-term health insurance between jobs depends on the cost of coverage and available cost-sharing options. Plans with lower premiums usually feature high MOOPs and are ideall for those with few medical needs.

MoneyGeek’s top pick for the best providers of health insurance for one month in Louisiana based on premium costs and plan choices are:

• Everest Reinsurance Company: $158 per month
• UnitedHealthcare: $172 per month
• Companion Life Insurance: $181 per month

While the three companies have average premiums, Everest Reinsurance Company offers almost double the number of plan options.

Short-term health insurance aims to supplement long-term coverage for a few months while you seek to renew your long-term policy or purchase a new one. That means you should only use your short-term plan temporarily and not as a replacement for a preventive plan.

In Louisiana, short-term health insurance plans follow the Federal duration limit, meaning you can get a plan for an initial term of 364 days with the option to renew for up to three years.

To help you determine the right plan for your unique circumstance, MoneyGeek answered commonly asked questions about health insurance for short-term use in Louisiana.