Insurers: Short-term health plans on rise - Dallas Business Journal:

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In fact, sales of individual policies, both shorrt term or permanent, are both up over 30 percengt from the same period last which was a record sales year for theinsurancre company, said Margaret Jarvis, a spokeswoman for Blue Cross and Blue Shield of Texas. An increasedd interest in individual plans, particularlyy for short-term plans for those who need temporary coveragsbetween jobs, can be seen in the recentg launches of more short-term individual plans by majodr insurance companies.
For instance, UnitedHealthcare’s subsidiary recently introduced two new shortf term health insurance plans in Texaxs that offer coverage from one to 12 They are designed specifically for thosse who cannot affordor aren’t eligible for Cobra in the troubled Cobra is a federally mandate program in which workers who lose theie jobs have the right to maintai n their health insurance plan at theirf company for a set perioc of time.
The idea behind Cobra is to make sure aworket doesn't have a lapse in health insurance while in between The time that someone could be on Cobra was recently extendedx through the federal government's stimulus and premiums for laid off workers were also said it launched a similarf short term insurance product called HumanaOne in April that is being offered in Arizona, Colorado, Louisiana, Michigan, Nebraska, Ohio and The need for these types of temporary plans are have becomde greater in the current recession, Golden Rule CEO Richarrd Collins said.