Short term health insurance won't serve you in the long run

Under the global economic crisis, some Americans have lost their jobs and many others stand uninsured as their Cobra coverage has expired. These Americans have been forced to go uninsured since the individual comprehensive health care is too expensive for them. These Americans are bearing the risk of sharing huge medical debt in the long run. Medical debt is a major financial problem across America and one of the major reasons why so many Americans file for bankruptcy. The fact that the uninsured part of the population is hit so hard is closely followed by another group of medical debt victims - the under-insured. The increase in cost of traditional health insurance policies and the rise in number of unemployed Americans have helped develop a cottage industry for emergency health insurance. Many of the health care plans won't cover pregnant women and won't provide for routine medical check-ups. Such plans usually have huge deductibles and may cause problems for the claimants since they don't often include the necessary procedures. Bankruptcy may come as a relief to debtors who have met with medical debt. It helps them to get rid off certain types of debt e.g. medical debt. This is why it is advisable not to go for short-term health insurance policies.