United Security Life & Health Insurance Company (USL&H) recently amended its Short Term Major Medical plan to provide extended coverage to children under the age of 19. Headquartered in USL&H will now allow children covered by its Short Term Major Medical plan the option of re-applying for as many policy terms as needed until they reach the age of 19 or other medical coverage can be secured.
USL&H's Short Term Major Medical plan is not intended to replace a full term major medical plan, but is available as an alternative method for providing valuable health insurance coverage to children who fall in between open enrollment periods of other health plans.
"When Health Care Reform went into effect, children under the age of 19 had fewer coverage options since many insurance companies decided to no longer accept 'child-only' policies in the individual market. In response, USL&H modified their Short Term Major Medical plan for children under 19 so that they can have comprehensive health insurance," shared Sandra Horn, President, USL&H. "The response from our customers has been very positive. In order to make this product even more flexible and attractive, we have removed the maximum number of policy terms on our Short Term Medical plan for children under the age of 19."
Horn explained that the company's short term plan is not renewable, nor is it designed to cover pre-existing conditions. However, this expanded option to the Short Term Major Medical plan will provide young, healthy children the ability to retain $2 million in comprehensive health insurance. The plan covers critical costs such as hospitalization, office visits, prescription drugs and more. USL&H's Short Term Major Medical plan for children can be secured for as low as $35 per month.
"The children's Short Term Medical Major Medical plan is not intended, nor should be used for families to cover their children for a long period of time. For a child without insurance, the Plan is a great way to ensure medical coverage for critical items such as accidents, hospitalizations, office visits and prescription drugs, until they can obtain permanent health insurance," concluded Horn.
USL&H is a regional insurance carrier that offers cancer, disability income, health and life insurance products to individuals and families. Founded in 1973, USL&H is licensed to sell its products in Arizona, Arkansas, Illinois, Indiana and Missouri and Nebraska through a network of independent insurance agents. Recently, USL&H created a new series of low-cost, high-deductible health insurance plans that benefit many consumers, as well as a Critical Illness insurance plan that cover against the most common and expensive illnesses like cancer, heart attacks and strokes. In addition to traditional life insurance products, USL&H now sells an inexpensive children's whole life insurance plan for parents and grandparents to buy for their children and grandchildren.
For more information on United Security Life and Health Insurance Company please visit the company's website at www.unitedsecuritylandh.com
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