In today's economy, employers are faced with tough decisions: Pay soaring insurance premiums, pass the high costs to employees, drop medical coverage altogether, or eliminate coverage for hourly wage and part-time workers. But companies that do not offer healthcare coverage can have a tough time attracting and retaining good employees.
Offering a limited medical plan can help employers minimize the high cost of turnover. Premiums are reasonable for both employers and employees. Although limited medical plans do not cover catastrophic events, such as terminal illness, they do provide a functional and affordable healthcare alternative.
Limited medical plans pay a fixed benefit amount for common medical services Ð doctor visits, diagnostic tests and x-rays, hospitalization, accidents, emergency room, surgery, anesthesia, intensive care, wellness services, and prescription drugs to name a few. Employers can select benefit options to meet their unique needs and premium requirements.
Limited medical plans are a popular option for companies of all sizes that cannot afford to offer health coverage or have employees that do not qualify for the company plan.
To apply for a limited medical plan, please print the application and follow its instructions for submission. Please note: Limited medical plans are not medical insurance. They provide lump sum payments for specified benefits.