Best Short-Term Health Insurance in Michigan (2024)

Short-term medical insurance provides temporary coverage to individuals with gaps in their long-term health insurance plan due to a missed enrollment deadline, job change or Medicare delay.

While short-term plans provide immediate health insurance coverage, they are not ACA-compliant and may exclude some vital healthcare benefits, as well as coverage for pre-existing conditions.

Based on MoneyGeek’s findings, the best overall short-term health insurance company in Michigan is National General Accident & Health, scoring 95 out of 100, followed by Independence American Insurance Company with a score of 70 out of 100. However, the best plan for every buyer will be different based on their budget and needs.

Note that short-term medical insurance is not a permanent replacement for a marketplace plan, which offers better coverage and subsidies that significantly lower costs.

MoneyGeek found that the following providers offer the best short-term medical insurance companies in Michigan:

• National General Accident & Health: 95 out of 100
• Independence American Insurance Company: 70 out of 100
• UnitedHealthcare: 55 out of 100

We based the ranking on each provider’s cost-sharing options and average out-of-pocket maximum limit. While National General Accident & Health and Independence American Insurance Company had a lower average maximum out-of-pocket (MOOP) cost of $7,500 and $7,750, respectively, UnitedHealthcare had a significantly high MOOP of $11,833.

MoneyGeek’s top pick for the cheapest short-term health insurance provider in Michigan is National General Accident & Health, with an average maximum out-of-pocket cost of $7,500.

Michigan residents on a budget will benefit from the company’s low premium plans, although these feature higher out-of-pocket costs. Aside from considering short-term health insurance costs, ensure that your chosen plan offers adequate coverage for your needs.

While shopping for short-term health insurance for one month, you should consider the monthly cost and cost-sharing options. Temporary medical insurance plans with lower premiums feature high MOOPs but are the best if you anticipate needing more medical care.

MoneyGeek determined the top insurance providers in Michigan for unemployed individuals based on monthly premiums and cost-sharing options. Our findings show that the following companies in Michigan off the best short-term health insurance between jobs:

• Companion Life Insurance Company: $125 per month
• UnitedHealthcare: $143 per month
• Independence American Insurance Company: $160 per month

Companion Life Insurance offers the lowest premium and the highest number of plan options, while Independence American Insurance Company features the highest premium and the least number of plan options.

Short-term medical insurance lasts only a few months and bridges the gap between long-term health insurance plans. Note that it only provides temporary coverage and should not be used for long-term purposes.

Some states allow residents to stay on short-term health insurance for more than a year. However, this rule does not apply in Michigan, since residents can only have a plan from the same insurer with no renewal for a maximum of 185 days in a year.

MoneyGeek responded to the common questions about Michigan’s short-term health insurance to help you secure the best option for your situation.