Short term health insurance

Not sure if everyone will have this issue or not, but I know that our family is faced with a small period of time with no health insurance coverage before residency starts. While COBRA coverage is an option, it's very expensive. Here's some info from our local private insurer (State Farm) that may be of value.

This coverage is designed specifically for the situation that we're dealing with (i.e. a gap in medical coverage due to employment status).

Coverage Information:
---Short Term Medical Insurance is written by Assurant Health Insurance Company.
---Coverage is available for between 30 and 180 days.
---Up to $ 2 Million in Coverage
---Prescription Drug Coverage
---Visit any doctor & any hospital
---Plan is designed to give coverage for unexpected illnesses and accidents; Pre-Existing medical conditions are not covered

Premiums/Payment Options:
---Premiums can be paid on a monthly basis (good option if planning to keep plan for several months)
---Premiums can also be paid in a Single Payment (Nice option if person knows the exact number of days that they need the coverage)
---My premium (myself, spouse, and child) is $98.28/month, as an example (There is a one time $20.00 administrative fee that is added to that amount) (That $98.28/month is for a $2,500 deductible; $2,000,000 Coverage Maximum; 50%/50% Co-Pay; $5,000 Max. Out of Pocket)
---This coverage is designed to provide protection for an unforeseen situation that could occur when an individual is between coverages with groups, etc. A major surgery could be absolutely devastating. This plan gives the peace of mind that the most an individual would pay is $5,000 in a case like that.

Eligibility for Coverage:
There are 3 questions on the short-form application and they are quite liberal. It is rare that individuals are not eligible for this coverage based on medical background. They would want to visit with the individuals to complete the application and to discuss everything in more detail.

I talked with our agent and he said he would be more than happy to speak with anyone to review and discuss individual situations. Our agent's info is:

Loren R. Wendroth, Agent
State Farm Insurance Companies
(507) 529-2992
loren.wendroth.nxod@statefarm.com