Limited Benefit Health Insurance
The first type of plan we sell is called a Limited Benefit Health Insurance Plan. It is also known as a "mini medical" or "indemnity" plan.
These plans appear complicated but in truth, they are very simple and straightforward. The reason is that they pay out according to a fixed schedule of benefits.
I will not go through the entire list of benefits and features offered by this type of plan. But, it will help to give you an example.
Let us say that the plan specifies that it will pay out $100 per doctor visit for up to six visits per calendar year.
This means that if you are sick and go to the doctor, any doctor, for any illness, the plan will pay you or the doctor $100. The plan does not care if the physician charged you $50 or $250. The plan will pay out an exact amount per visit.
We also have plans that use a traditional office visit co-pay.
The same holds for hospital visits. The plan might pay $1,000 a day while you are hospitalized. Again, it does not matter what you are charged, which hospital or why you are there. The rate is fixed.
plan gives you everything a traditional health insurance plan
does, but, on a reduced scale. For 95% of the clients we work
with, they will never need more than the benefits provided. However,
additional protection can be added.
We have two different plans depending on what state you live in and whether you need coverage for pre-existing conditions:s.
Our new plan with real doctor co-pays and a superior surgical schedule is available in Alabama,Florida, Georgia, North Carolina, Ohio, Tennessee, Texas or Virginia. It will cover office visits for pre-existing conditions, but, the hospital coverage will cover pre-existing conditions after 12 months (new conditions are covered immediately).
This is one of best plans of this type we have seen. If you would like to see the brochure that fully describes it, click on this link: Guaranteed Issue Plan with Doctor Co-Pays. We will do all the enrollment for you over the phone. It only takes about 5 minutes.