No. Some types of coverage do not qualify as minimum essential coverage. These include hospital indemnity policies (that pay a fixed dollar amount per day when you are hospitalized), discount plans, short-term nonrenewable policies, or plans that provide coverage only for a specific disease (i.e., cancer-only policies). Companies that sell these products, also called “excepted benefits,” are required to notify you if they don’t qualify as minimum essential coverage. If you receive such a notice, at a minimum, ask more questions about how the policy might cover pre-existing conditions or protect you from unaffordable medical bills. Be aware that excepted benefit policies are not an equivalent substitute for Marketplace policies that meet Affordable Care Act standards.