The Virginia Bureau of Insurance recently issued a warning to Virginia residents to beware of high-pressure telemarketers selling short-term or limited benefit health insurance policies. We could not agree more. If you’re shopping for individual/family health insurance between February and November, be careful! These months fall outside open enrollment — the set time each year when anyone can buy Affordable Care Act (ACA)-compliant health insurance, for any reason. Unless you
Short-Term Health Insurance
Now that the window of opportunity to purchase 2014 Affordable Care Act (ACA)-compliant health insurance has closed, many people are wondering how they can be protected in the event of an illness or injury this year. In most cases, if you did not purchase a 2014 policy before the March 31 deadline, your option for the remainder of 2014 is to purchase what’s known as short-term insurance. (*See notes below