MOUNTAIN VIEW, Calif.,
Dec. 4, 2018 /PRNewswire/
-- AgileHealthInsurance.com announced today that it is now
expanding its product portfolio by offering Short Term Health
Insurance plans with maximum coverage durations of up to three
years. This update is great news for consumers who are frustrated
with frequently reapplying.
As part of the recent regulatory updates earlier this fall,
Health & Human Services and the Centers for Medicaid &
Medicare Services created a rule that allows consumers to purchase
a Short Term Health Insurance plan that allows them to link
together three 12 month policies consecutively so they can remain
covered. Several states including Alabama, Kentucky and Florida have implemented the new rule, giving
consumers the option for 36 months of coverage. The option allows
consumers to keep their plans instead of having to continuously
reapply or shop for new coverage at the end of each policy period.
Additionally, consumers who purchase these new longer duration
plans from AgileHealthInsurance.com can add a Pre-Existing
Conditions Waiver, which provides pre-existing conditions
protections from one policy period to the next. With the
Pre-Existing Conditions Waiver, any medical conditions that are
discovered and covered after the start of the initial policy term
will automatically be covered in all subsequent terms. This means
that members will be able to keep their coverage and will be
protected long after medical conditions, illnesses, or injuries
arise.
Although several insurance companies have begun offering 12
month plans in several states, AgileHealthInsurance.com is among
the first to offer the 36 month options online. Gavin Southwell, CEO of AgileHealthInsurance
says, "With the introduction of these plans on the Agile site, the
process for securing longer duration major medical health insurance
is now easier for our customers. We are also proud to offer certain
pre-existing conditions protections with these plans to better
protect our customers while continuing to deliver affordable and
reliable health insurance options."
Short Term Health Insurance is a form of major medical health
insurance that has been around for several decades and has helped
millions of Americans gain coverage for a lower cost than other
health insurance options. Since the full implementation of the
Affordable Care Act, it has been seen as a way to bridge employer
or ACA plans. Not all states have adopted the longer duration
option, but Agilehealthinsurance.com has created an interactive
guide so consumers can learn what the maximum coverage options are
for their state.
AgileHealthInsurance.com was created to educate people about the
benefits of short-term health insurance and provide a fast, online
process for purchasing these plans. Short-term health insurance is
a flexible and low-cost major medical insurance for individuals
without expensive pre-existing health conditions. It is not
Obamacare. Short-term health plans offer consumers the flexibility
to choose health plans with the benefits that matter most to them
and combine these benefits with broad provider networks. Additional
information about AgileHealthInsurance can be found at
www.AgileHealthInsurance.com.
AgileHealthInsurance is a Silicon Valley-based technology
company and independently managed division of Health Insurance
Innovations, Inc. (Nasdaq: HIIQ). This press release contains
"forward-looking statements" within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are statements other than historical fact, and may
include statements relating to goals, plans and projections
regarding new markets, products, services, growth strategies,
anticipated trends in our business and anticipated changes and
developments in the United States
health insurance system and laws. Forward-looking statements are
based on our current assumptions, expectations and beliefs are
generally identifiable by use of words "may," "might," "will,"
"should," "expects," "plans," "anticipates," "believes,"
"estimates," "predicts," "potential" or "continue," or similar
expressions and involve significant risks and uncertainties that
could cause actual results, developments and business decisions to
differ materially from those contemplated by these statements.
These risks and uncertainties include, among other things, our
ability to maintain relationships and develop new relationships
with health insurance carriers and distributors, our ability to
retain our members, the demand for our products, the amount of
commissions paid to us or changes in health insurance plan pricing
practices, our ability to integrate our acquisitions, competition,
changes and developments in the United
States health insurance system and laws, and our ability to
adapt to them, the ability to maintain and enhance our name
recognition, difficulties arising from acquisitions or other
strategic transactions, and our ability to build the necessary
infrastructure and processes to maintain effective controls over
financial reporting. These and other risk factors that could cause
actual results to differ materially from those expressed or implied
in our forward-looking statements are discussed in HIIQ's most
recent Annual Report on Form 10-K filed with the Securities and
Exchange Commission (SEC) as well as other documents that may be
filed by HIIQ from time to time with the Securities and Exchange
Commission, which are available at www.sec.gov. Any forward-looking
statement made by us in this press release is based only on
information currently available to us and speaks only as of the
date on which it is made. You should not rely on any
forward-looking statement as representing our views in the future.
We undertake no obligation to publicly update any forward-looking
statement, whether written or oral, that may be made from time to
time, whether as a result of new information, future developments
or otherwise.
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SOURCE AgileHealthInsurance.com