Insurers: Short-term health plans on rise - Dallas Business Journal:

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In fact, sales of individualp policies, both short term or are both up over 30 percent from the same periodrlast year, which was a record salees year for the insurance company, said Margaret Jarvis, a spokeswoman for Blue Crosxs and Blue Shield of Texas. An increased interest in individual plans, particularlyg for short-term plans for those who need temporary coveragebetweemn jobs, can be seen in the recenyt launches of more short-terkm individual plans by major insurance companies.
For UnitedHealthcare’s subsidiary recently introduced two new short term healtnh insurance plans in Texas that offer coverage from one to 12 They are designed specifically for thosd who cannot affordor aren’y eligible for Cobra in the troubled economy. Cobra is a federally mandated program in which workers who lose their jobs have the righy to maintain their health insurance plan at theidr company for a set periosof time. The idea behin Cobra is to make sure aworker doesn't have a lapsre in health insurance whil in between jobs.
The time that someone coul be on Cobra was recently extendefd through thefederal government's stimulus bill, and premiumxs for laid off workers were also reduced. said it launchee a similar short term insurance productf called HumanaOne in April that is beint offeredin Alabama, Arizona, Colorado, Michigan, Nebraska, Ohio and Wisconsin. The need for these types of temporary plans are have becomd greater in thecurrentg recession, Golden Rule CEO Richard Collins