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Short-Term Plan Uses UnitedHealth Network

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Golden Rule Insurance Company is introducing a temporary health insurance policy backed by a parent with plenty of negotiating clout.

Golden Rule, Indianapolis, which is now a unit of UnitedHealth Group Inc., Minnetonka, Minn., is replacing its old, no-network short-term health insurance policies for individuals and families with short-term policies that give holders access to UnitedHealth’s national provider network and that network’s deep discounts.

Golden Rule now is offering a $2,500 deductible, in addition to a choice of $250, $500 and $1,000 deductibles.

The policies now will pay 80% of claims for insureds who have met their deductibles but have not yet reached their out-of-pocket payment maximums. The old policies paid only 50% of pre-maximum claims.

Because of the new access to the UnitedHealth provider network, premiums will be lower in many communities, Golden Rule says.

For a 24-year-old male in Toledo, Ohio, the monthly premium will fall to less than $50 per month, down from about $65 per month, Golden Rule says.

Consumers can buy 1 to 6 months of coverage. At the end of the first coverage period, they can apply for another 6 months of coverage, Golden Rule says.