Short-Term Health Insurance Can Give Laid-Off Workers Flexible Protection At
An Affordable Rate
MILWAUKEE, Nov. 7 /PRNewswire/ -- With recent mass layoff announcements by
several large companies and predictions of even more joblessness in the months
ahead, more workers may soon face the loss of health insurance. Industry
experts say that for many, the "lifeline" to continued coverage is short-term
health insurance.
"Short-term health insurance can help individuals and families protect
their health and financial security by controlling the cost of unexpected
illnesses or injuries," said Steve Keller, Specialty Products Marketing
Director at Fortis Health, the nation's No. 1 provider of short-term plans.
"This coverage has two big advantages over COBRA -- affordability and
flexibility."
Many people are surprised to learn how economical short-term coverage can
be. For example, a 41-year-old man living in Oklahoma City could pay $293 for
three months of coverage with Fortis Health's Short Term Medical plan. A
34-year-old Seattle woman, her husband and their three children could pay just
$119 for one month -- potentially hundreds less than the family might pay for
COBRA (government-regulated extension program). Each could get more or less
expensive coverage by choosing a lower or higher deductible. Monthly payment
is also available. Terms range from 30 to 185 days, and coverage can begin as
soon as the next day.
Short Term Medical, said Keller, is a solution for generally healthy
people experiencing a gap in coverage -- since it does not cover pre-existing
conditions.
Besides helping laid-off workers, the plan can benefit:
-- Workers between jobs
-- Recent college graduates
-- New employees in a benefits "waiting period"
-- Independent workers
-- Temporary or seasonal employees
-- Early retirees with a short wait for Medicare
Fortis Health has made buying short-term health insurance very easy. To
get an instant Short Term Medical quote and apply online, visit
http://www.temporaryinsurance.com . You can also call (800) 989-2345 or contact an
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, Wisconsin, and has
operations offices in Minnesota, Florida, Idaho and Ohio, with sales offices
throughout the country.
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 year-end, 2001, Fortis had total assets in
excess of $400 billion. Fortis ranks 31st based on assets and 85th based on
revenues on the Fortune 'Global 500' (July 22, 2002) and 38th on the Forbes
Global 'Super 50' list (July 3, 2002).
Fortis Health can be found on the Internet at http://www.fortishealth.com .
SOURCE Fortis Health
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Related links:
http://www.fortishealth.com
CONTACT:
Michelle Love-Johnson for Fortis Health,
+1-262-523-3740, or michelle@seroka.com
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