Coverage is Fast and Easy With http://www.temporaryinsurance.com
MILWAUKEE, March 28 /PRNewswire/ -- Fortis Health urges Americans who have
recently accepted new jobs to review their company's health insurance waiting
period to avoid a "gap" in coverage that could result in huge expenses.
"Many new employees have to wait 30 to 90 days before their new policy
goes into effect," said Raj Bal, vice president Specialty Products at Fortis
Health ( http://www.fortishealth.com ). "Often times, people go without
insurance or use expensive COBRA coverage because they are not aware of any
other options. We want to make sure people know there may be a less expensive
alternative for them."
A growing number of people find themselves in this situation as the
economy pulls out of recession and Americans find new jobs or return to work.
The nation's leading provider of Short Term Medical insurance encourages other
individuals who have temporarily lost health insurance to continue coverage as
well.
Fortis Health was the first company to introduce Short Term Medical
insurance in 1973 and has made policies affordable and flexible.
Policyholders can select the deductible, co-payment and length of coverage,
from 30-185 days, that best fits their needs.
Short Term Medical insurance is less expensive than and often times half
the cost of COBRA insurance (the coverage that employers offering group health
coverage must offer by federal law). For example, a 35-year-old man from
Chicago selecting a $250 deductible can expect to pay as little as $372.80 for
three months. However, if the man broke his ankle and did not have any
coverage, it would cost him roughly $15,000 in medical expenses. It's
important to note that pre-existing conditions are not covered by Short Term
Medical.
In addition to providing Short Term Medical insurance to new employees in
the "waiting period" and workers who have been laid off or are between jobs,
Fortis Health also offers short-term insurance to:
-- Recent college graduates who are no longer covered under their parents'
policy
-- Seasonal or temporary employees
-- Early retirees near eligibility for Medicare
Applying for coverage is simple at Fortis Health's short-term insurance
web site, http://www.temporaryinsurance.com , which provides more detailed
information on plan benefits. In addition, customers may buy plans by calling
1-800-989-2345 or by contacting their independent insurance agent.
About Fortis Health:
Fortis Health is committed to helping Americans meet their health
insurance needs. In business since 1892, the company is a leader in the
Individual Medical, Small Group, Short-Term and Student Health insurance
markets. Fortis Health provides coverage for more than one million people
nationwide. Its products are underwritten and issued by Fortis Insurance
Company, John Alden Life Insurance Company and Fortis Benefits Insurance
Company. Fortis Health is headquartered in Milwaukee, Wis., and has
operations offices in Minnesota, Florida, Idaho and Ohio.
Fortis Health is part of Fortis, Inc., a financial services company that,
through its operating companies and affiliates, has built leadership positions
in a number of specialty insurance market segments. Fortis, Inc. is part of
Fortis, a financial services provider active in the fields of insurance,
banking and investment. As of second quarter, 2001, Fortis had total assets
in excess of $400 billion. Fortis ranks 31st based on assets and 73rd based
on revenues on the Fortune 'Global 500' and 42nd based on revenues on the
Forbes 'International 500' list (July 23, 2001).
Members of the media interested in more information or an interview may
contact Michelle Love-Johnson at 262-523-3740 or michelle@seroka.com . For
more information about other Fortis Health Insurance plans visit
http://www.fortishealth.com
SOURCE Fortis Health
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Related links:
http://www.fortishealth.com
CONTACT:
Michelle Love-Johnson of Seroka Public
Relations, +1-262-523-3740, michelle@seroka.com , for Fortis
Health
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