Get new help with 364 day short term health plans online
 

Expanded Short Term Health  -  IHC Short term health insurance reviews

IHC Short Term Health Review and Comparison

review of IHC short term health plans

 

IHC is new to many people in the market.

 

They filled the gap in short term health insurance that was created in 2015.

 

We used to have lots of short term health carriers.

 

Most of the Blues participated.

 

Now we're down to really two but that will likely be changing soon.

 

IHC came on strong as a result of their partnering with Blue Cross Blue Shield.

 

We'll touch on that later.

 

If you just need to quote IHC short term health:

 

How to quote Trump short term health plans

 

Otherwise, let's take a look at IHC for short term health needs.

 

You can jump right to a section here:

 

IHC is new to many people so let's look at them more closely.


Quick intro to IHC carrier

 

Even though IHC is new to many people, they've been in the private health insurance business since 1980.

 

That's almost 40 years of health insurance stability.

 

They primarily focus on health insurance for individuals, families, and businesses.

 

In today's world of giant health insurance carriers (the Blues, Aetna, United, etc), they are a smaller carrier.

 

Just the right fit for what happened after 2014 with short term health insurance!

 

IHC Group is a publicly held company (NYSE: IHC) which includes Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc., Independence American Insurance Company and IHC Specialty Benefits.

 

The short term part is under Standard Security Life Insurance.

 

Rating for Standard Security Life Insurance:


IHC AM Best Rating


They have since become the dominant short term health carrier in the US.

 

It's important to look at what happened.


How IHC became the dominant short term health carrier

 

Let's go back in time a bit.

 

Before 2014, we had lots of short term health carriers to choose from.

 

With the passage of the ACA law, many carriers pulled out of the short term market.

 

The thinking was this...

 

The only way to make this new marketplace work is to go all in.

 

Short term plans then had a duration of 364 days in many markets.

 

Those people tended to be healthier since short term is medically underwritten and functions more like catastrophic coverage.

 

The carriers saw those as people who would help pay for the sicker people in the ACA market.

 

Since there was a penalty for having short term health plans before 2019, they figured the people would go ACA.

 

Not short term!

 

They left the market in droves.

 

There has always been a genuine need in the market for short term health options.

 

That didn't change.

 

IHC's short term became very popular as a result of all this change.

 

More carriers left in 2015 when Obama restricted the duration to 90 days.

 

This left more of the market to IHC.

 

Here's a list of where IHC is available although subject to change:

 

short term health plans by State

 

Then came the blessing of the Blue's.


IHC's relationship with Blue Cross Blue Shield

 

We spoke with senior management at one of the biggest Blues and here's what they said.

 

They were discontinuing certain grandfathered plans in the market.

 

Of course, they would rather these individuals go to the ACA market but if you don't qualify for a tax credit, the rates can be really high.

 

Their solution was to partner with IHC to offer short term health plans as an option to those members.

 

It worked!

 

IHC has enrolled 100's of 1000's of short term health policies since!

 

Since most of the Blue's pulled out of the short term market, IHC and UnitedOne (part of United Health) became the only real solution.

 

Some other companies market and sell "short term insurance" but they have serious gaps in coverage.


Real issues in terms of capped benefits for big bills.

 

Not good!

 

IHC offers real short term coverage.

It's catastrophic in nature, but real.

 

That's the only reason we work with them for this market.

 

Let's look at their plans in more detail.


IHC's short term health plans

 

Short term plans are simpler in nature.

 

It's important to understand the short term versus Obamacare differences here but if your need is for short term....IHC has designed good plans.

 

Short term plans have main facets to choose from:

 

  • Deductible
  • Co-insurance %
  • Out of Pocket Max

 

Here's the grid (check quote for updated information here).

Benefits are per person, in-network for covered benefits.

 

Benefit example for IHC short term health plans options

 

Let's look at each piece in detail.

 

IHC Short Term Deductible

 

This is the amount you pay first before starting to get help for covered benefits, in-network.

 

IHC Short Term Co-insurance %

 

After the deductible is met (per person), you then start paying the % shown for remaining bills until you hit the Stop loss.

 

IHC Short Term Out of Pocket

 

At this point, the policy pays 100% of covered benefits, in-network up to the benefit max ($2M for most plans).

 

Essentially, you add your deductible and stop loss to see your exposure in-network for covered benefits.

 

Let's take an example.

 

You have a $30K ACL repair from a basketball injury (something close to my heart).

 

You choose the $2000 deductible with 50/50 Co-insurance up to $5K stop loss.

 

The total bill (after PPO discount) is $30K.

 

You'll pay the deductible first - $2000

You'll then pay 50% of remaining charges until you hit $5K

 

That's $7K exposure for you. The carrier will pay $23K.

 

You may have noticed the PPO discount piece.

Let's look at that and the network we can use with IHC short term plans.

 

You can quote all these IHC short term plans here.


IHC short term doctor network

 

We have good news here.

 

In a world of shrinking networks since 2014, IHC short term plans are a breath of fresh air.

 

IHC uses the MultiPlan PPO network.

 

It's huge and nationwide.

 

You can check providers here.

 

Most importantly, when we use PPO providers, we'll get the negotiated PPO rate even as we're meeting our deductible.

 

That can be 30-60% on average.

 

The hospitals see even bigger discounts in-network.

 

MultiPlan is one of the biggest networks in the US.

 

IHC short term plans are able to use it.


IHC short term in California

 

UPDATE:  California banned all short term health insurance plans.  We only have AlieraCare InterimCare plans available there now.  You can quote/enroll in those here.

 

California is a unique market.

For such a large market, we only have one short term carrier.

 

It's IHC short term health in California.

 

That may change with the Trump expansion of short term but for now, IHC is it.

 

You can quote IHC short term in California here:

How to quote Trump short term health plans


IHC short term health insurance reviews

 

Let's get to the reviews of IHC short term.

 

A big disclaimer.

 

If you google "IHC reviews", it's going to be pretty nasty.

 

To some extent, that's true for all health carriers.

 

Health insurance isn't your favorite restaurant.

 

No one's getting excited about a health carrier.

Most people use their short term health plan sparingly.

 

It's there for catastrophic coverage for a fixed duration and knock on wood, you won't need it.

 

If you don't use it, there's no reason to post a review.

 

That means 80-90% of the members never leave a review or ever look back.

 

Now we know that based on the premium amounts, they're paying some big claims.

 

The costs are similar to what we had before 2014's ACA law.

 

Some big bills are hitting claims.


Which is to be expected.

That's why we're buying the policy to begin.

 

The "Big What If".

 

For people who are having big bills, they don't really feel the need to leave a review for short term health plans.

 

Even when insurance plans pay out, we don't exactly fall in love with them.

 

It's just the nature of the business.

You're still paying a few 1000 dollars out of pocket for a large catastrophic bill.

 

So...there's not much love for health insurance.


That reflects in the reviews.

 

They are decidely negative.

 

You'll find the same across the health insurance market.

 

Our experience has been this...

 

As one of the largest writers of IHC short term health plans, we have never had an issue with claims.

 

Occasionally, cancellation can be tricky but we work with our clients to time this correctly.

 

A request about 2 weeks prior to the current 30 day block ending is perfect.

 

You avoid the refund process this way.

That's the only thing we've ever dealt with for short term and it's always been rectified by IHC.

 

Our assistance is free as IHC short term health agents. Zero cost.

 

You can call 800-320-6269 or email us with any questions.


IHC versus UnitedOne short term health

 

In some States, we only have 1 of the 2 main carriers, IHC and UnitedOne.

 

That makes deciding easy.

In some, we have both.

 

How do we compare IHC versus UnitedOne for short term health?

 

Apples and apples, we need to look at cost first.

 

Keep in mind that short term coverage is really a commodity.

 

Meaning...with a legitimate carrier, it's very comparable in how it works.

 

Both IHC and UnitedOne are good carriers so cost versus benefit becomes the key comparison.

 

Look at deductibles, out of pocket max, and monthly premium.

 

The co-insurance is less important since we're probably going to hit the stop loss for any big bill.

 

Or you'll be way under the deductible!

 

That's just how our health care system is now.

 

Way under or way over (facility costs such as hospital, etc).

 

You can quote both carriers from the quote page here:



How to quote Trump short term health plans

 

We're happy to help with any questions you may have.


The IHC short term brochure

 

We recommend everyone check out the IHC short term health brochure.

 

You can access it right the quote link here.


This way, you get the updated brochure.

 

Difference States will have different brochures.

 

The benefit options are there as well as covered and excluded benefits.

 

It's really important to understand how short term is different from permanent plans.


Especially with the new Trump expansion to 364 days.


How to quote IHC short term

 

You can quote IHC short term health plans here.

 

If they quote system does not bring up options, let us know by email and we'll see what else might be available.

 

There's no cost for our assistance at 800-320-6269 or by email.


How to enroll in IHC short term

 

Enrollment in IHC short term is easy.

 

You can enroll right through the quote link here:



How to quote Trump short term health plans

 

There's a quick health questionnaire.

 

As long as we can answer "no" honestly to those questions, we're usually good to go.

 

More helpful info and tips on IHC short term health enrollment and processing here.


Review for IHC Short Term Plans

 

IHC may have some serious competition soon on the short term market with the Trump expansion but for now...

 

They're main event in many markets across the US.

 

In some States like California, they're the only option.

 

For a smaller carrier, we've had a great experience with them since 2014.

 

The priced and designed their short term plans well to meet the market needs for short term shoppers.

 

As a licensed IHC short term agent, we feel confident in their ability to pay eligible claims.

 

We have had ZERO issues on that front after 1000's of policies.

 

We'll add new carriers to the quote page as they come online with the expansion but for now, IHC is a solid option.

Please let us know if we can help in any way. Thanks!

 

Quote the new Expanded 364 Day IHC Short Term Health Plans here

 

Again, there is absolutely no cost to you for our services.  Call 800-320-6269 Today!

 


 

Quote extended short term health plans

Our Help is FREE to You!

Learn how temporary health insurance works

FREE Quote For Your Invoice

Is the new extended short term plan right for you


golden rule short term health quote 

 

 unitedone short term health plans

Thousands of Enrollees
20+ Years EXPERIENCE
SUCCESSFULLY
ENROLLED
Thousands of Enrollees
20+ Years EXPERIENCE

from JS

"Also, I will definitely leave a review!! You've been amazing."

from SD

"Thank you Dennis. I'd be more than happy to leave a google and also yelp review as I am very very happy with your excellent help!"

from AN

"You have been my savior the last few years! Don't know what I would do without your help!!!"

from EK

"I am busy, but was more than happy to leave you a positive review! Thanks for your help with this."

 

from SR

"Goodacre is the only place I go for insurance! Customer care is excellent and the staff makes the whole process easy-peasy. ."

from VH

"Just wanted to let you know that I wrote 5 star reviews for you on both Google and Yelp :)"

from SA

"Wow, I can't thank you guys enough for your help...I couldn't imagine trying to tackle this on my own!"

from JG

"Will check out the link and also write a review.......you've been very helpful, this is the least I can do :-)"

 

SUCCESSFULLY
ENROLLED