Voluntary

This type of policy is an essential addition to all health insurance. These types of policies create a "cash pool" of qualified money to be used as the policy holder sees fit.

For instance, if a person has a Disability policy becomes sick or hurt and cannot work, these types of policies supplement the income at the policy's benefit amount and length of time.

Another example is a Critical Illness plan that provides money if a person experiences a qualified event, such as a heart attack, stroke, or even cancer. This money can be used to pay expenses or income needs during these difficult times.

One of the best plans is the Accident plan. Since most people are inclined to go to the doctor if they have an accident, these funds can be used to pay bills, pay deductibles, and any other necessary expenses.

With ever rising medical expenses, health insurance premiums, and sky rocketing deductibles, Voluntary is more important than ever to offset these expenses.

 

Employers use them to retain and attract new employees, work in tandem with Health Benefits, and stabilize Work Comp claims.

These policy types are essential in this current climate in the Health Insurance market.

 

Please contact us today so we can evaluate these excellent way to expand your benefits.

Below are a few items to look over regarding Voluntary.

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Health insurance goes a long way toward paying your medical expenses.  

However, even if you have a health insurance policy, you can still face out-of-pocket expenses like deductibles, co-pays and treatment.

Voluntary insurance can reduce that burden.

 

What are the benefits of Voluntary?

Voluntary is not meant to replace primary health insurance. But, it can help pay some medical expenses once your primary policy has paid.

These policies help cover expenses like the following:

• Outpatient services and hospital stays
• Critical illnesses and emergencies
• Private rooms and private duty nurses
• Deductibles and co-pays
• Unexpected childcare