30 Second Insurance Tips©

Tip 58- H-I-R-S-P

Just what we need. Another health insurance acronym!

Well actually, many of us do need HIRSP, the Wisconsin Health Insurance Risk Sharing Plans.

Think about someone who wants to retire at age 60. Eighteen months of coverage under COBRA will still leave that person short of Medicare eligibility. What if he has a medical condition that makes buying private insurance impossible? HIRSP is open to all applicants without regard to insurability. If there has been no break in coverage – as when you lose your
employer sponsored plan – there are no preexisting conditions limitations.

Newer “HIRSP Federal” options are designed for those who have been without insurance for six months or more.

If the premiums are affordable – and that’s a big if – access to health insurance in Wisconsin is