Assurant Health is lowering rates up to 15% on their Short Term Medical plans with effective dates of July 1, 2008 or later. The rate reduction will be especially beneficial for recent college graduates. Most plans specify that individuals are no longer eligible dependents under their parent’s plan after graduation and have to pay expensive COBRA premiums to continue coverage.

A short term insurance plan may offer more cost-effective temporary health insurance coverage than COBRA until they are covered under employer group coverage. If need help to decide whether to choose employer-offered COBRA coverage or an alternative, short term medical insurance policy, visit our page on Short Term Medical. Assurant is the #1 underwriter of short-term medical plans in the United States and even offer better benefit plans and rates than BlueCross BlueShield of Illinois. Short Term Medical policies cover a wide variety of needs, from 30 to 365 days, and it allows you to use your own doctors and hospitals. Click here to get get a quote