Best Short-Term Health Insurance in Nebraska (2024)

Based on MoneyGeek’s analysis, National General Accident & Health and Everest Reinsurance Company offer the best short-term health insurance in Nebraska, with scores of 95 and 85 out of 100, respectively.

Short-term health insurance is a good temporary fix during periods when you experience a lapse in coverage, such as when you’re between jobs or have aged out of your parents’ policy. Typically, these plans only last for a few months up to a year, but they can be extended.

Because these health plans are not compliant with the regulations of the Affordable Care Act (ACA), they usually are cheaper but fail to cover essential health benefits and pre-existing medical conditions. As such, they shouldn’t be viewed as a replacement for marketplace plans which offer more comprehensive coverage. Fortunately, there are subsidies you can look into that might make marketplace plans just as affordable.

The companies offering the best short-term health insurance in Nebraska are:

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

These scores were based on average maximum out-of-pocket (MOOP) costs and the range of cost-sharing options.

While the top two companies have similarly priced average MOOPs at $7,500 and $7,958, respectively, Companion Life Insurance Company has significantly higher MOOP costs, averaging $12,438.

National General Accident & Health is the cheapest short-term health insurance in Nebraska, with an average MOOP of $7,500.

Lower premiums and higher out-of-pocket costs often go hand in hand. But you may optimize your savings on health insurance by ensuring you’re getting sufficient coverage that matches your needs.

Short-term insurance is one way to bridge a gap in health coverage for the unemployed.

If you find yourself requiring health insurance for one month or more in Nebraska, here are the standout companies that MoneyGeek recommends:

• Companion Life Insurance Company: $134 per month
• UnitedHealthcare: $140 per month
• Everest Reinsurance Company: $146 per month

These companies have comparable average monthly premiums ranging from $134 to $146. Even though it’s the most expensive of these three options, Everest Reinsurance Company makes up some ground by outperforming its peers with a wider array of plan options for splitting coverage costs.

Note that these scores were based on premiums and plan choices, and companies with higher-than-average premiums were excluded from the analysis.

MoneyGeek suggests that you only purchase a short-term health care plan if you don’t have a medical condition that requires a great deal of care.

Short-term health insurance is a temporary substitute for a long-term marketplace plan during periods when you experience a lapse in coverage. Some of the more common scenarios when this may apply are when you’re between jobs, after aging out of your parents’ health insurance policy or when you’ve missed open enrollment. Ideally, it should only last for a few months, wherein it serves as an emergency backup strategy rather than a preventive plan.

According to federal guidelines, short-term health insurance in Nebraska should last an initial term of 364 days with the option to renew up to a maximum duration of 36 months.

If you need immediate health coverage, it helps to know that there are sound options to choose from. Read MoneyGeek’s answers to the most frequently asked questions to learn more about short-term health insurance in Nebraska.