"I think possibly the people who are buying short-term health insurance plans don't understand what they are buying...

.... If taxable income is $50,000 and you're a single household, you would pay about $1,000 in a penalty. And that really eats into your savings from a policy that doesn't cover prescription drugs.... Many people buying these don't take into account the full picture. And certainly I don't think the companies selling these policies are leading them to the full picture."

— Deborah Chollet, Ph.D., a fellow at Mathematica Policy Research, told AIS's Health Plan Week