Why Choose Limited Benefit Health Plans
- Rising healthcare costs
- Skyrocketing major medical premiums
- High turnover employee population
- Large numbers of hourly, part-time and seasonal workers
- Large number of self-employed and home based business
These are all reasons that a limited benefit medical plan may be a good fit for an employer or sponsoring organization. Competition for employees can be stiff and the ability to offer an affordable, stable medical insurance plan that provides first dollar benefits translates to a healthier and more satisfied work force.
Our benefit programs have been packaged and priced to promote simplicity for both Employers and Sponsors and Employees and Members alike. Employers experience benefit administration that integrates with their payroll system and utilizes multiple enrollment methods. Associations can now offer benefits to help retain and recruit valuable members and associates. Employees and Members can utilize the benefits immediately because there are no pre-existing condition limitations. They may visit any provider they choose however, strong networks are tied to our plans giving employees and members additional deep savings.
Many hourly and part-time employees have no assets to protect, no money in their bank accounts and no way to meet the deductible of a major medical plan. Most are not able to afford the employee portion of the monthly premium for a major medical plan, much less dependent coverage. What these employees enroll in is useable insurance that provides first-dollar benefits that allows them to see a doctor when they are ill, go to the emergency room in the event of an accident and get an annual physical to prevent or detect the onset of a disease or medical condition.
A limited medical plan does not take the place of major medical coverage however, under certain conditions and given specified economic reality, limited medical is the valuable, viable alternative.
