Short-Term Medical Insurance, Hospital Indemnity. You may want to consider alternative coverage that isn’t major medical insurance, but that can help you pay for unexpected medical expenses. Short term medical insurance is one such option.
If you are concerned about your major medical insurance policy’s high deductible, you may want to consider supplemental insurance to help with out-of-pocket expenses not covered by your major medical policy. Hospital indemnity insurance policies and medical gap are two types of supplemental insurance that can help. In some states, you must already have a major medical policy in order to obtain hospital indemnity insurance.