Ken lost his job and employer-funded health insurance. He is concerned about his ability to afford COBRA and needs a temporary health insurance plan until he figures out his next steps. If Ken selects an Assurant Health short term medical plan, he will get low monthly premiums and won’t need to choose between paying the mortgage and protecting his health.

Take a look at the costs:

• COBRA coverage will cost $410* a month and after those 18 months, COBRA would no longer be an option but Ken would still be able get guaranteed coverage in the future.
• For $81.78** a month, Short Term Medical would cover Ken until he finds a job with employer-funded health insurance giving him more money to pay for everyday expenses

If Ken is confident he will get a job within 365 days then Short Term medical insurance provides a perfect, cost-effective alternative to COBRA. If not, then he must decide if the cost savings are more important than preserving his COBRA rights to guaranteed health insurance in the future.

*COBRA premiums derived from the 2009 Kaiser Family Foundation/HRET Survey of Employer Health Benefits. Amount based on single PPO average.

**Rates based on 43 year-old male in Milwaukee, WI. Short Term Medical rate with $2,500 deductible selection, 80/20 coinsurance and single payment option.

For costs and further details of the coverage, including exclusions for pre-existing conditions, any reductions or limitations and the terms under which the policy may be continued in force, contact Assurant Health.