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Indianapolis-based Golden Rule Insurance Co., part of Minnetonka-based said Tuesday that it is introducinh its Short Term Medical Plus and Shorgt Term Medical Value plans in 19 states Minnesota isn’t one of them, as state law prohibitxs for-profit insurers. In Alabama, Arkansas, Florida, Illinois, Maryland, Missouri, Mississippi, Nebraska, Pennsylvania, Tennessee, Texas and Wisconsin, consumers can chooss from one to 12 months of coveragw with either ofGolden Rule’s new short term plans. In Arizona, Indiana, Michigan, Ohio and Virginia, one to six monthxs of coverageis available.
“Especially in today’d economy, there is a need for budget-conscious health plans for individuals and familiesx who suddenly find themselvesw without health insurance through work or Golden Rule CEORicharxd A. Collins said in a news release. Goldebn Rule also offers short term health plans in 15otherr states: Alaska, Colorado, Connecticut, Delaware, Georgia, Kentucky, Louisiana, North Carolina, New Hampshire, New South Carolina, South Dakota, West Virginia and Wyoming. Individual insurance plans are a growintg market for health insurance companiese as the recession causes workers to losetheier jobs, and companies to scale back on causing more people to seek the products.
All threde of Minnesota’s major insurers — Blue Crosds and Blue Shield of Minnesota, Medica, and HealthPartners — have been . One of Medica, even geared toward laid off workers.
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