Benefits Paid Directly to Employees
With the cost of health insurance becoming increasingly expensive, more employers are choosing to offer insurance plans with high deductibles or cutting back on coverage altogether. Accident insurance can be an expense management solution. It provides on and off-the-job protection from the unanticipated expense of accidental injuries by paying cash benefits to employees for qualified injuries.
Help with Out-of-Pocket Costs
Sometimes accidents become more than just "ouch." They can happen to anyone, at any age and at any time. A fall, participating in a favorite sport, a simple home repair or spilling a hot pan can result in a broken bone, a dislocation or a burn sending you to the doctor or even the hospital for medical care and back home with a bill for things that might not be fully covered by your primary insurance. In addition to out-of-pocket expenses like deductibles and copays, you might also have to pay out of pocket for things like exams and x-rays.
You Choose How to Use the Benefits
The benefits can be used to help pay the out-of-pocket costs of medical treatments such as deductibles and copays, or other diagnostics or therapies that primary insurance doesn’t always cover. Accident insurance benefits can also be used to help with living expenses, such as mortgage, rent, car payments, gas, child-care or groceries.
From Wellness to Hospital Bills
The accident insurance plans include a coverage for events in six categories. Medical Services, Treatment & Wellness, Accidental Death, Injuries, Dismemberment & Paralysis, Hospital Coverage (Accident), Medical Treatment & Services. Please refer to the certificate of coverage for a complete list.