Neo launches Everest-backed short-term medical plans

Neo Insurance Solutions has launched HarborSTM, a short-term medical insurance offering underwritten by Everest Reinsurance Company or Everest Denali Insurance Company, depending on jurisdiction.

The launch builds on a nearly five-year relationship between the health insurance agency and Everest. HarborSTM offers three plans—Essential, Access and Secure—with coverage period maximums of up to $1.5 million and multiple deductible and coinsurance options.

All three plans include an annual wellness exam. Access and Secure offer $40 copays for doctor office and urgent care visits, while Secure provides unlimited primary care, specialist and urgent care visits at that copay level, subject to policy terms.

The plans provide access to a national provider network, which was not named in the announcement. Everest Reinsurance serves as underwriter and plan administrator, while Neo handles billing administration.

HarborSTM is not comprehensive major medical insurance and does not qualify as minimum essential coverage under the Affordable Care Act. Benefits, exclusions and availability vary by state.