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STM policies are not ACA plans
STM policies do not meet ACA standards. The ACA is a Federal law that requires all major medical
plans to provide specific benefits and mandates that most Americans have health plans that qualify
as Minimum Essential Coverage (MEC). These rules do not apply to STM policies. Short-term
medical insurance is a limited duration medical expense policy and is non-renewable. The amount of
benefits provided depends on the plan selected and the premium will vary with the amount of benefits
selected. STM is not a replacement for the comprehensive health insurance required under the ACA.
This coverage has a pre-existing condition limitation exclusion.
Keep the following in mind as you plan for your needs and explore your
options:
• STM plans do not meet the Minimum Essential Coverage requirements under the ACA and may
result in a tax penalty. STM plans are designed to provide temporary healthcare insurance
during unexpected coverage gaps.
• The ACA-compliant medical plans are guaranteed issue, meaning you cannot be denied
coverage based on your health history. STM plans are underwritten, which means you must
answer a series of medical questions when applying for coverage. Based on your answers, you
may be declined for coverage.
• Unlike the ACA plans, which are required to cover the 10 Essential Health Benefits (EHB), STM
policies are not required to cover EHBs at the same benefit level as an ACA plan. Policies will
vary in what they cover, so you should check your policy’s details carefully.
Eligibility
Secure Lite is available to applicants age 18 through age 64, their spouse age 18 through age 64 and
dependent children under the age of 26. Each applicant must qualify based on the plan’s application
questions and underwriting guidelines. Child-only coverage is available for children age 2 up to age
18.
Payments to suit your situation
Secure Lite plans offer a monthly premium payment using credit card or automatic bank withdrawal.
10-day right to return period
If for any reason you are not satisfied with the policy, you may return it to us within 10-days after you
receive it and you will be issued a refund. Your coverage issued under the policy will then be void, as
though coverage had not been issued.
Utilize a network provider and save
With your short-term medical plan, you have the freedom to choose any provider. In certain
markets, you also have access to discounted medical services through national preferred provider
organizations (PPOs). These network providers have agreed to negotiated prices for their services
and supplies.
At the time of service, simply present your identification card, which will include the network
information needed for the provider to correctly process covered billed charges. If this provider
discount is not available, then benefits are paid at the usual, reasonable and customary charge.
Brochure Secure Lite 2018 3
STM policies do not meet ACA standards. The ACA is a Federal law that requires all major medical
plans to provide specific benefits and mandates that most Americans have health plans that qualify
as Minimum Essential Coverage (MEC). These rules do not apply to STM policies. Short-term
medical insurance is a limited duration medical expense policy and is non-renewable. The amount of
benefits provided depends on the plan selected and the premium will vary with the amount of benefits
selected. STM is not a replacement for the comprehensive health insurance required under the ACA.
This coverage has a pre-existing condition limitation exclusion.
Keep the following in mind as you plan for your needs and explore your
options:
• STM plans do not meet the Minimum Essential Coverage requirements under the ACA and may
result in a tax penalty. STM plans are designed to provide temporary healthcare insurance
during unexpected coverage gaps.
• The ACA-compliant medical plans are guaranteed issue, meaning you cannot be denied
coverage based on your health history. STM plans are underwritten, which means you must
answer a series of medical questions when applying for coverage. Based on your answers, you
may be declined for coverage.
• Unlike the ACA plans, which are required to cover the 10 Essential Health Benefits (EHB), STM
policies are not required to cover EHBs at the same benefit level as an ACA plan. Policies will
vary in what they cover, so you should check your policy’s details carefully.
Eligibility
Secure Lite is available to applicants age 18 through age 64, their spouse age 18 through age 64 and
dependent children under the age of 26. Each applicant must qualify based on the plan’s application
questions and underwriting guidelines. Child-only coverage is available for children age 2 up to age
18.
Payments to suit your situation
Secure Lite plans offer a monthly premium payment using credit card or automatic bank withdrawal.
10-day right to return period
If for any reason you are not satisfied with the policy, you may return it to us within 10-days after you
receive it and you will be issued a refund. Your coverage issued under the policy will then be void, as
though coverage had not been issued.
Utilize a network provider and save
With your short-term medical plan, you have the freedom to choose any provider. In certain
markets, you also have access to discounted medical services through national preferred provider
organizations (PPOs). These network providers have agreed to negotiated prices for their services
and supplies.
At the time of service, simply present your identification card, which will include the network
information needed for the provider to correctly process covered billed charges. If this provider
discount is not available, then benefits are paid at the usual, reasonable and customary charge.
Brochure Secure Lite 2018 3
