Best Short-Term Health Insurance in Minnesota (2024)

You may need this if you're between jobs or awaiting open enrollment or Medicare coverage. A plan usually lasts for less than a year but can sometimes.

This type of health insurance doesn’t follow the Affordable Care Act (ACA). So, it won’t always cover essential health benefits or pre-existing conditions.

Minnesota's best short-term health insurance companies are UnitedHealthcare and Independence American Insurance Company. This is because they earned MoneyGeek scores of 85 and 80, respectively.

But, your best plan blends affordability and coverage specific to your needs.

MoneyGeek’s analysis found the best short-term health insurance companies in Minnesota are:

• UnitedHealthcare: 85 out of 100
• Independence American Insurance Company: 80 out of 100

We picked these companies using average maximum out-of-pocket (MOOP) costs and cost-sharing options.

UnitedHealthcare’s average MOOP is $11,321. Meanwhile, Independence American Insurance Company averages $12,833.

UnitedHealthcare offers the cheapest short-term health insurance in Minnesota. This insurer’s average MOOP cost is $11,321.

Plans with low monthly premiums usually have higher out-of-pocket posts. Further, coverage may not meet your health needs, so be sure to dig into the fine print.

When shopping around temporary health insurance while unemployed, cheap premiums may be tempting. But, they often come with high MOOP costs.

Premiums and cost-sharing matter for short-term health insurance options for times between jobs. MoneyGeek considered that when deciding on the best plans for those between jobs. They found the best short-term health insurance while unemployed in Minnesota are:

• Independence American Insurance Company: $137 per month
• UnitedHealthcare: $157 per month

Independence American Insurance Company has lower average premiums and more plans than UnitedHealthcare.

Short-term health insurance intends to bridge brief lapses in medical coverage. It’s more of an emergency plan rather than a preventive strategy.

In Minnesota, short-term plans last up to six months and are nonrenewable. But, you can buy another short-term plan once your previous one expires. This allows coverage for up to 12 out of 18 months.

It’s important to note that you’re not guaranteed to have the same plan if you choose to get more short-term coverage. Plus, if you developed a condition while covered, it would now be pre-existing and your new plan may not cover it.

MoneyGeek answers some frequently asked questions about Minnesota short-term health insurance below.