Best Short-Term Health Insurance in Mississippi (2024)

Short-term health insurance plans can be a good option for those needing coverage between long-term plans. For instance, a short-term insurance plan can provide temporary weekly or monthly coverage if you missed open enrollment or are between jobs.

However, short-term health insurance plans may not cover essential health benefits and shouldn’t replace marketplace plans. If you’re considering a short-term health plan instead of a marketplace plan for budgetary reasons, look into subsidies that can help you find a marketplace plan at a reduced price.

In Mississippi, MoneyGeek’s top choices for short-term health insurance providers include National General Accident & Health and Everest Reinsurance Company, with scores of 95 and 85 out of 100, respectively. However, the best plan for your needs depends on your budget and health requirements.

MoneyGeek found that National General Accident & Health offers the best overall short-term medical insurance in Mississippi, achieving a total score of 95 out of 100. The runner-up is Everest Reinsurance Company, with a score of 85 out of 100, and the third-place company is Companion Life Insurance Company, with a score of 63 out of 100.

We ranked these companies based on average maximum out-of-pocket costs and selection of cost-sharing options. National General Accident & Health’s average maximum out-of-pocket cost (MOOP) is $7,500, while Everest Reinsurance Company’s average MOOP is slightly higher, at $7,958. Finally, Companion Life Insurance Company has the highest MOOP out of the three, at $12,438.

National General Accident & Health offers the cheapest temporary health insurance in Mississippi. The average maximum out-of-pocket cost you can expect to pay in a year is $7,500. Although choosing a low-cost, short-term health insurance plan may seem like a good idea, check to see whether it provides enough coverage for your needs. Additionally, it may come with higher out-of-pocket costs than pricier plans.

If you are currently unemployed in Mississippi, purchasing a short-term health plan may be a good idea. Generally, cheaper premiums come with higher MOOPs, but these may be a better option if you don’t need regular health visits. Based on monthly premiums and cost-sharing options, MoneyGeek evaluated several options and found that the following companies offer the best health insurance if you’re unemployed in Alabama:

• Companion Life Insurance Company: $144 per month
• United Healthcare: $153 per month
• Independence American Insurance Company: $156 per month

Although all three companies charge similar premiums, Companion Life Insurance Company provides a broader range of cost-sharing options.

Short-term health insurance serves as a bridge between long-term insurance plans and covers emergencies rather than preventive health measures. Choose a well-rated short-term health insurance plan that provides a good balance of affordability and coverage.

Also look into state-specific laws that may impact your coverage. For instance, in Mississippi, your insurance plan may refuse to cover your pre-existing health condition for 12 months.

Shopping for health insurance can be confusing, so MoneyGeek answers some common questions to help you.