Many individuals, especially recent college graduates or individuals who are going in and out of different jobs, will often opt to enroll into short term health insurance plans. These plans, often referred to as “gap insurance” policies, are great for people who are still in the process of looking for an affordable or well-suited insurance plan, or even for those individuals who may have forgotten to sign up for for coverage during the specified enrollment period. But though there are a few benefits to getting these short term insurance policies, there are also a few disadvantages that potential policy buyers should be conscious of. Therefore the following are a few of these advantages and disadvantages so people, especially those residing in Texas, can make a better, more informed decision.
