Coverage is Fast and Easy With http://www.temporaryinsurance.com
MILWAUKEE, May 2 /PRNewswire/ -- Fortis Health advises college graduates
and their parents to review their current health insurance policies and
prepare for future needs.
"Many college graduates lose their student health insurance or are no
longer eligible for coverage under their parents' health plan," said Raj Bal,
Vice President Specialty Products at Fortis Health
( http://www.fortishealth.com ). "Temporary health insurance, such as Fortis
Health's Short Term Medical plan, is designed to fill short gaps in health
insurance coverage -- it's ideal for bridging the gap between graduation and
the first job with benefits."
Continuing coverage is affordable, critical to financial stability
A recent Census Bureau study found that young adults between the ages of
18 and 24 were the most likely of any age group to go without insurance for at
least one month. "We want people to know there is no need to risk health and
financial well-being when there may be a less-expensive alternative," notes
Bal. Even a temporary break in health coverage could create a permanent
threat to financial stability. For example, under its Short Term Medical
plan, Fortis Health has paid illness and injury claims ranging from a $466,000
climbing accident to a $129,000 aortic aneurysm.
Short Term Medical can provide coverage while college graduates face the
task of job hunting or starting a new job that does not immediately offer
health benefits. Policyholders can select their own doctors, deductible,
co-payment and length of coverage, from 30-185 days. For example, a healthy
25-year-old single male from Phoenix can pay as little as $39 for a 30-day
plan with a $500 deductible, while a 23-year-old female from the same city
would pay just $159 for 90 days of coverage with a $250 deductible. In
Columbus, Ohio, 30 days of coverage for a 23-year-old female is as little as
$45.
Fortis Health was the first company to introduce Short Term Medical
insurance in 1973, and is the nation's largest provider of Short Term Medical
coverage. The company has created its policies to be both affordable and
flexible. Coverage is designed for generally healthy individuals in a variety
of situations to cover a gap in health insurance coverage that might range
from one to six months. In addition to college students who lose parent plan
coverage upon graduation, typical candidates include:
-- New employees stuck in a health insurance "waiting period"
-- Workers who have been laid off or are between jobs
-- Temporary or seasonal employees
-- Independent workers
-- Early retirees with a short wait for Medicare coverage
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).
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
NOTE TO EDITORS: Members of the media interested in more
information or an interview may call or e-mail contact. For more
information about other Fortis Health Insurance plans visit
http://www.fortishealth.com . Interviews available. For more
information on Short Term Medical insurance, see the background
fact sheet in the Newsroom/Media Kit at http://fortishealth.com
or reach media contact.
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