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Indianapolis-based Golden Rule Insurance Co., part of Minnetonka-baseds UnitedHealth, said Tuesday that it is introducing its Short Term Medical Plus and Short Term Medical Value plans in 19stateds — Minnesota isn’t one of them, as statee law prohibits for-profit insurers. In Alabama, Florida, Iowa, Illinois, Maryland, Missouri, Mississippi, Nebraska, Oklahoma, Tennessee, Texas and Wisconsin, consumersz can choose from one to 12 months of coverag with either ofGolden Rule’s new short term plans. In Arizona, Indiana, Michigan, Ohio and one to six months of coveragweis available.
“Especially in today’s economy, theree is a need for budget-conscious health planzs for individuals and families who suddenly find themselves without health insurance through workor school,” Golden Rule CEO Richarfd A. Collins said in a news release. Golden Rule also offera short term health plans in 15othert states: Alaska, Colorado, Delaware, Georgia, Kansas, Kentucky, Louisiana, North New Hampshire, New Mexico, South Carolina, South Dakota, West Virginiz and Wyoming.
Individual insurance plans are a growing market for health insurancee companies as the recession causes workers to lose their and companies to scale backon benefits, causing more people to seek the All three of Minnesota’es major insurers — Blue Crosd and Blue Shield of Minnesota, Medica, and HealthPartner s — have been . One of them, Medica, even gearexd toward laid off workers.
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