Fixed Benefits

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Fixed Benefits

Does your health insurance plan cover everything you want it to? Is paying for your out-of-pocket healthcare costs becoming a burden? If you need help with these costs, then you might want to look into adding a fixed benefits plan to your existing insurance policy. Having one of these plans could save you a lot of money, which is something that Best Insurance Group knows a lot about. Our agents can answer all of your questions and will work hard to compare all the plans available in your area. To get you started, we’ve detailed below how a fixed benefit plan works - if you think one might be right for you, get started with an instant quote!

A fixed benefits plan is an insurance plan that you can purchase as a supplement to your existing health insurance. These plans are not the same as regular health insurance and are not intended to be a substitute for comprehensive medical coverage. The purpose of these plans is to provide you with a fixed-dollar amount to help you pay for any costs associated with your healthcare.

You can use the benefits without restriction, for doctor bills, hospital bills, telemedicine appointments, prescriptions, or any other medical expenses. If you experience a loss of income during your treatment or recovery period, you can use the money for household expenses, educational costs, or any other non-medical expenses.

Fixed benefit plans are offered on a guaranteed issue basis, meaning that you will not be medically underwritten, and cannot be denied coverage due to preexisting conditions.

What You Will Receive:

  • Benefits paid directly to you
  • Benefits that pay even if you have other health coverage
  • Discounted rates on care if you use your health insurance’s in-network provider
  • Settlement immediately following a medical event. For example, you will get the full insured amount upon the first diagnosis of a critical illness like cancer. If you are in an accident, then you or your beneficiaries will receive the settlement amount following your death or disability
  • Benefits that can be used in any way you choose to cover out-of-pocket expenses

What Is Covered

A fixed benefit plan is ideal for people that want cash benefits associated with:

  • Inpatient hospital stays and covered surgeries
  • Outpatient surgeries, doctor visits, and tests
  • Prescription drugs and medical equipment
  • Covered injuries due to accidents (other than those that occur at work)

Exclusions

You will not receive any benefits for:

  • Any medical or hospital services not specifically covered in your health plan
  • Cosmetic surgery, including breast reduction
  • Custodial care
  • Experimental and investigational procedures
  • Infertility services
  • Non-medically necessary services or supplies

Learn More and Secure Your Coverage Today

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