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I am thinking about buying health insurance for a short period, six months or one year. What do I need to know about short-term policies?

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I am thinking about buying health insurance for a short period, six months or one year. What do I need to know about short-term policies?

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Short-term policies do not have all the consumer protections available under comprehensive health policies. The most important differences are: preexisting conditions are not covered even if you had prior coverage; the time when you are covered by this policy is not counted as creditable coverage for any individual health insurance you buy later, which can mean you will have to wait an additional year before preexisting conditions will be covered; and you cannot be insured for more than one year with a short-term plan. To see exactly what Maine law says on this issue, see: Title 24-A M.R.S.A. ยง2849-B(8).

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