STMplan provides individual health insurance coverage that is designed as a short-term solution for uninsured or underinsured employees who need comprehensive care.

The simple and affordably priced plan provides coverage for individuals for both day-to-day medical expenses and catastrophic coverage for a duration of less than one year. The plans are more affordably priced than traditional health insurance. They are designed for individuals who are looking for coverage beyond the levels of existing limited-benefit (min-med) plans and Ternian’s CriticalMed Plan.

The plan limits offer flexibility to best meet a person’s needs, including varying deductible amounts, coinsurance levels, prescription drug coverage, and a lifetime maximum of $1,000,000. Premiums can be half the cost of individual HMO/PPO plans.

In addition to the insurance benefits, members will also have access to DoctorNavigator.com. The online price transparency tool helps insured individuals comparison shop for prices of physician services and prescription drugs before services are received. They will also obtain ongoing, pre-negotiated, discounted rates at network providers that range from 10-40% and helps to save money on out-of-pocket medical expenses.

This plan is currently under development and not yet available.