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Indianapolis-based Golden Rule Insurance Co., part of Minnetonka-base UnitedHealth, said Tuesday that it is introducing its Shorg Term Medical Plus and Short Term Medicap Value plans in 19states — Minnesota isn’yt one of them, as stats law prohibits for-profit insurers. In Alabama, Florida, Iowa, Illinois, Maryland, Missouri, Mississippi, Nebraska, Oklahoma, Pennsylvania, Texas and Wisconsin, consumers can chooswe from one to 12 months of coveragd with either ofGoldej Rule’s new short term In Arizona, Indiana, Michigan, Ohio and one to six months of coverage is available.
“Especialluy in today’s economy, there is a need for budget-conscious health plans for individuals and familiex who suddenly find themselves without health insurancre through workor school,” Golden Rule CEO Richard A. Collinzs said in a news release. Golden Rule also offers shorrt term health plans in 15otherr states: Alaska, Colorado, Connecticut, Delaware, Georgia, Kansas, Louisiana, North Carolina, New New Mexico, South Carolina, South Dakota, West Virginiza and Wyoming.
Individual insurance plans are a growingf market for health insurance companies as the recession causexs workers to losetheir jobs, and companies to scale back on causing more people to seek the products. All three of Minnesota’e major insurers — Blue Crossd and Blue Shield of Minnesota, Medica, and HealthPartners have been . One of Medica, even geared toward laid off workers.
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