Does Short Term Health Insurance Work? 
STM -LRB- short term medical -RRB- insurance is real major medical insurance ... but with some limitations . STM plans do not cover any pre-existing conditions . The application process is simple , usually 5 yes/no questions or less . A `` yes '' answer is an automatic disqualifier . Most STM plans have a simple design of a deductible then coinsurance . A few have copays . Every one I have seen includes an Rx discount plan and some have PPO networks . Benefit periods are on a month to month basis with most plans issuing a maximum of 6 months although a few offer 12 month policies . When the benefit term expires so does your coverage . There is no renewal . Instead you apply for a new plan with new underwriting and new pre-existing limits . 