Your health insurance plan has a deductible (plus co-pays and coinsurance).
One reason you might incur costs applied to that deductible is an accident.
Imagine a plan that pays 100% of the cost of an accident.
Accidental injuries can happen to anyone at any time. When accidents happen, they’re often followed by a series of bills. Even with sound health insurance, you can still have out-of-pocket expenses, such as doctor bills, ambulance charges and emergency room fees.
But you don’t have to let unexpected expenses, out-of-pocket medical costs, or lost income trip you up. An accident insurance plan is designed to pay a benefit when you have an accident. Any accident from a fall that sprains an ankle to a sports injury that breaks a leg. Our new benefit plans from Pan-American Life include a medical accident expense benefit that pay the cost of an accident up to $5,000. In most cases, this amount is enough to eliminate your deductible and even perhaps your entire health insurance out-of-pocket.
And these plans are affordable.
Significantly less than the cost of health insurance.
Also, our new plans accident coverage and much more.
- Specified Critical Illness Benefit: $5,000 and more
- Inpatient Admission Benefit: $1,000
- Plus coverage is available for doctor visits, outpatient, and more.
Health insurance deductibles can be high and insurance doesn’t always cover everything, like prescriptions, specialty treatments, and diagnostics, etc. These Pan-American Life plans reduce out-of-pocket expenses and help your employees afford health care.
As an employer, you can buy these plans to supplement your existing health insurance plan. Or you could purchase the plans as an affordable stand alone benefit. These benefits will be greatly appreciated by your employees since they pay immediate benefits not subject to the large deductibles of health insurance plans. We even have plans that can supplement a health savinsg account. This provides protection for the health savings account; making it last longer and be held for important, larger medical bills.