By Victoria Heckstall
Having medical insurance is an absolute must for people in the job market, but sometimes, circumstances lead to you becoming unemployed. This puts your entire future in jeopardy, and all too often people give in and cut their health insurance as an expense that they simply cannot afford. However, there are a few options available to you if you have recently lost your job, and feel like you should be able to get another one soon. The best solution if you find yourself in this position – recently unemployed but confident that you will be able to get another job – is a short term insurance policy. These shorter insurance policies, which are normally valid for 6 months to a year, are the perfect solution when long-term comprehensive cover, with all of its contractual obligations, becomes more of a luxury than a necessity.
If you are lucky enough to have no existing medical conditions, then short term insurance plans are fairly easy to qualify for. These schemes typically appeal to recent college graduates who are no longer covered by their institutions medical scheme, or amongst professionals who have lost their jobs suddenly. Losing your coverage does not mean that you have to go without health protection. Short term insurance plans are designed to cover the bare minimum in terms of health care – the unexpected illnesses and injuries that you simply cannot predict. Unlike comprehensive plans, » Read more: Insurance: Health insurance for the Unemployed – Short-term insurance
Though it may appear to be employer discrimination, hiring of long-term unemployed may be low for a very simple reason: the perception of obsolete skills by employers. Business changes, grows and diverts so quickly that procedures that have been in place in a company at the time of unemployment may have totally new dimensions. Employers would naturally be wary of hiring employees who have been out of the business loop due to long-term unemployment. However, that doesn’t necessarily mean long-term unemployed are “unemployable.”
