What Are the Best Short Term Major Med Providers?

[ksigmtsu]

I am not a fan of STM but sometimes that is your only option short of a mini-med.

Thats the only reason I use them other than for 64 year olds where they're gonna be GI at 65 anyway for Med Supp.

 

[somarco]

There are not very many 64 yr olds who have not been treated for something, diagnosed or had symptoms of, in the prior 5 years. STM is a walking time bomb but even more so with older folks IMO.

 

[dgoldenz]

I have just started to use the H1 STM. Wrote more STM in the last month or so since it came out than in the previous 6 months.

It is one of the few that do not ask if you have been previously declined for coverage and a "yes" answer is not an automatic DQ.

I am not a fan of STM but sometimes that is your only option short of a mini-med.

Maybe it's just Virginia, but Anthem does not ask a single medical question on their STM. Just how long you want it and what the deductible is. I don't do much STM, but I can't see any reason to use another company with them not asking any questions.

 

[somarco]

What is the pre-ex clause? There are mini-meds that do not ask questions but still have a 12 month pre-ex with a lookback.

 

[dgoldenz]

No pre-ex coverage at all. Don't know how they do the post-claims underwriting on it, never had to experience it yet. I might sell one or two a year.

 

[YouGotMyMoney]

What could Anthemn do with post claims underwriting?

If they don't ask any medical questions, it's their fault for the adverse selection.

 

[dgoldenz]

What could Anthemn do with post claims underwriting?

If they don't ask any medical questions, it's their fault for the adverse selection.

I don't know. I just know that no pre-ex is covered and there are no medical questions. I'm sure they could investigate if they wanted to.

 

[YouGotMyMoney]

Investigate what?

With no medical questions on the app, and no special agent uw guide for medical conditions, seems to me you could take uninsurable folks --put em on this Anthem stm, and have em covered for anything not pre ex.

 

[dgoldenz]

Investigate what?

With no medical questions on the app, and no special agent uw guide for medical conditions, seems to me you could take uninsurable folks --put em on this Anthem stm, and have em covered for anything not pre ex.

You can, but you can also only buy two STM policies in a calendar year. If you choose two 6-month policies, there has to be a 60-day break between them. I don't know how to post a copy of the PDF file application. I can e-mail it to anyone interested.

 

[somarco]

What could Anthemn do with post claims underwriting?

If they don't ask any medical questions, it's their fault for the adverse selection.

Anything they want, including denying a claim or rescinding the policy. Just because they did not ask medical questions up front does not preclude them from doing post-issue underwriting.