The Problem with Buying Short-Term Health Insurance
Buying health insurance is really important to protect against financial loss. But when you start to shop for policies, you may be overwhelmed by the options.
One of these may be a short-term health insurance policy. Short-term health policies were originally intended only to fill a gap, such as if you're changing jobs or retire before becoming eligible for Medicare and need coverage only for a few months. Now, however, some people may consider buying them as an alternative to regular insurance.
A short-term policy may seem like a good idea because it could be quite a bit cheaper than traditional coverage and, thanks to new rules by the Trump administration, short-term policies could provide coverage for up to 364 days and could be renewed to provide up to 36 months of total coverage (although some states have stricter limits on the time these policies can cover you).
Source Fool.com
