Jennifer is leaving her job for a new position. She’s 35 and in relatively good health. She just needs insurance for 90 days, when her new employer’s benefits begin.

Jennifer could continue her former employer’s insurance through COBRA, apply for an Individual Medical plan or apply for Short Term Medical.

Since Jennifer left her job voluntarily, she is not eligible for the government COBRA subsidy. COBRA coverage would cost her $383.52* a month or $1,150.56* for three months.

While Individual Medical insurance is a viable option, Jennifer doesn’t need the permanent security it offers. An Individual Medical plan would cost $198.02** a month or $594.06** for three months.

Given that Jennifer doesn’t need permanent insurance now, she could save money with a Short Term Medical plan. By paying up front for 90 days of coverage, Jennifer can save 20% on her total premium bill: $198.72** for three months.

*COBRA premiums derived from the 2008 Kaiser/HRET Survey of Employer-Sponsored Health Benefits.

**Rates based on 35-year-old female in Tampa, FL. Short Term Medical rate with $2,000 out-of-pocket maximum and 80/20 coinsurance. Individual Medical rate with $2,000 deductible and $0 access fee.

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.