OBRAplan.com . Health Savings AccountsShort term medical insurance policies are probably not intended to be used with health savings accounts, although there is no tax reference for or against this position. Some applicants have used high deductible short term medical insurance policies with a health savings account, but they do so at their own tax risk because the insurance companies have stated that the plans are not HSA-qualified. Future federal legislation might open up this possibility.
ProvidersMost states have a handful of short term medical policies available to individuals. Some states have only one or two companies that offer this coverage. A state-by state listing of the most popular short term medical insurance plans can be found at www.
Save.com. Preferred Provider Organizations (PPO)Most health insurance plan in the US use preferred provider organizations to manage costs. Short term medical insurance plans do not use PPOs. You may use any doctor or hospital of your choice anywhere in the US. Some plans like Assurant include Canada and Mexico. Assurant and Celtic are the only short term medical insurance plans to offer optional access to the Preferred Health Care Systems national PPO network. ( www.
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