November 27, 2021
  • November 27, 2021

Aspen Health Insurance 2021 Review • Compare Plans • Benzinga

By on October 25, 2021 0

Aspen health insurance may be a good option for some people who need short-term health insurance, but there are a few things you should be aware of. First, since the schemes are not regulated by the TO THAT, they are not required to offer the same essential benefits. Aspen’s short-term plans include more coverage than some other short-term health insurance plans, but you should be aware of the difference.

The company does not sell its own plans directly, making it difficult to get a quote and compare your health insurance options. Aspen also doesn’t manage its own plans, so getting customer service can be a headache for some people as you have to go through third-party companies.

Aspen offers short-term health insurance, a type of insurance that can last from 1 month to 3 years. These plans are not regulated by the Affordable Care Act (ACA) and can be purchased at any time of the year.

Short-term health insurance plans are not intended to provide permanent coverage. However, this can be a good option for people who are in between jobs, who have recently graduated, are waiting for employer benefits to start, or who simply do not have adequate health insurance.

You have the choice between 3 formulas:

Plan 1:

  • Deductible options of $ 1,000, $ 2,500, $ 5,000 or $ 7,500
  • 70%, 80% or 100% coinsurance options
  • Maximum reimbursable options of $ 2,000 or $ 5,000
  • Maximum benefit options for the coverage period of $ 250,000, $ 750,000 or $ 1,000,000

Plan 2:

  • Deductible options of $ 1,000, $ 2,500, $ 5,000 or $ 7,500
  • 70%, 80% or 100% coinsurance options
  • Maximum reimbursable options of $ 2,000 or $ 5,000
  • Maximum benefit options for the coverage period of $ 100,000, $ 250,000, $ 750,000, $ 1,000,000 or $ 1,500,000

Plan 3:

  • Franchise options of $ 1,000, $ 2,500, $ 5,000, $ 7,500 or $ 10,000
  • 70%, 80% or 100% coinsurance options
  • Maximum reimbursable options of $ 2,000, $ 5,000 or $ 10,000
  • Maximum benefit options for the coverage period of $ 100,000, $ 250,000, $ 750,000, $ 1,000,000 or $ 1,500,000
  • Additional deductibles for services including day surgery, emergency room visits, and advanced diagnostic studies

Aspen customer service is managed by Agile Health Insurance. The Agile website gives you access to a member portal where you can update payment information or request a refund during the “free consultation period”. You can also print replacement ID cards from this portal.

Agile has a customer service line that you can contact regarding processing payments and other refund requests. You may also need to contact this hotline if you want to cancel your policy or request a credible certificate of coverage.

Generally speaking, short-term health insurance plans are generally more affordable than the major ACA-regulated medical plans. Some short term health insurance plans cost as little as $ 55 per month. But, as with all health insurance, pricing depends on factors such as your zip code, age, gender, and health.

Aspen only gets 2 stars for pricing because it doesn’t include pricing information on its website, nor does it make it easy to get a quote. Even when I spoke with agents over the phone, no one was able to provide me with a quote for an Aspen short term health insurance plan. Without being able to get a quote, it is impossible to compare Aspen short term health insurance with other short term health insurance providers.

There is no mobile app for Aspen Health Insurance.

The biggest advantage of Aspen health insurance is that you can purchase a short term health insurance plan to cover gaps in your traditional health insurance coverage. Some of the benefits of these plans include:

  • Co-payment of $ 50 for an annual routine physical exam
  • Co-payment of $ 40 for doctor’s office and urgent care visits.
  • Access to the network of providers of the private health system (PHCS) at the national level
  • Ability to pay in full or make monthly payments

Buying an Aspen short-term health insurance program is not an easy experience. If you’ve ever compared health insurance plans, you’re probably familiar with the quote process. Usually you enter information and within minutes you have custom plan options in front of you. Unfortunately, the process is not as smooth in this case.

When you are on the website to view Aspen plan information, you will see a button prompting you to “start your free quote”. This will take you to a third-party website where you can get quotes from selected partners, not directly from Aspen. I have gone through the process several times and have never been able to get any information about an Aspen Short Term Health Insurance Plan.

Aspen Health Insurance vs Competitors

Aspen’s short-term health insurance plans set it apart from its competitors due to the nature of short-term health insurance plans. The plans tend to be more affordable than the ACA regulated plans that are sold in the market. Its plans are also available at all times and are not subject to an open registration period.

Aspen’s short-term plans also stand out because they provide coverage for mental health and addiction services. Coverage is minimal, especially compared to ACA-compliant plans, but this is a benefit that most short-term health insurance plans do not include.

Get started with Aspen health insurance

If you are curious about short term health insurance plans, you can get a quote from Aspen and other insurers. These quotes are free and most are easy to obtain. After comparing quotes and choosing your plan, you can officially request coverage to get started.

Frequently Asked Questions

Is Short Term Health Insurance Worth It?

1

Is Short Term Health Insurance Worth It?

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Ashley hart

1

Short-term health insurance isn’t for everyone, but that doesn’t mean it can’t benefit some people. For people who are generally healthy and do not often need health services, this can provide some peace of mind at a lower cost. It may also be worthwhile for people who want some form of coverage but are not eligible to apply for an ACA-compliant plan outside of the open enrollment period.

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Benzinga

When can I purchase a short-term health insurance plan?

1

When can I purchase a short-term health insurance plan?

demand

Ashley hart

1

You don’t need to wait for the Registration period open buy a short-term health insurance plan. Instead, you can buy a short-term plan from a private health insurance company any time of the year.

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Benzinga


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