Long term insurance plans (often called major medical insurance ) are annually renewable and comprehensive options specifically designed for you to stay on the same plan for long periods of time. Since you will typically keep a major medical plan for many years, they are medically underwritten - meaning you will need to answer health questions to ensure you're qualified for coverage. Unlike Short-Term Health Insurance, which allows you to choose your own policy maximum and deductible, Long-Term Health Insurance coverage is usually less flexible, but offers a higher policy maximum and additional benefits, like preventative care.

Here’s a comparison of the features of Long-Term versus Short-Term Health Insurance: