We’ve entered the era of 90-day limits on short term medical (STM) plans. New rules for short term medical that became effective April 1, 2017, state that all STM policies sold after April 1, 2017, must be capped at 90 days.
But what happens if you need coverage a little longer?
Consider CAP, the plan without a cap. Care Access Plan from The IHC Group is a fixed-indemnity health plan available to consumers all year long, not just 90 days. It can be a smart solution for those who have long-term coverage needs and typically incur low claims.get a quote
Also, those who obtain major medical insurance can keep CAP to help with pay for covered medical expenses. (CAP does not coordinate with other coverage.)
Which is a better fit: STM or CAP?
Which is best? That depends. Are you thinking short-term or long-term? Do you typically have low claims or high claims?