If you are currently enrolled in a high deductible health plan and are looking for relief, the Out of Pocket Protection
Plan is an inexpensive way to eliminate or reduce high out of pocket healthcare expenses. The Out of Pocket Protection Plan helps pay your deductible up to $6350 as well as other copayments, and the benefits are paid directly to you in addition to any other coverage you may have. As an added benefit, this plan offers an Emergency Accident Benefit that pays $250 in case of accidents, up to four times a year. If you are confined in a hospital as a resident inpatient, the Out of Pocket Protection Plan will pay the inpatient benefit you select (either $100 or $200) for up to ten days per hospital confinement. That could amount to thousands of dollars back in your pocket!
With NC health insurance premiums on the rise, many people have chosen to enroll a health plan with a higher deductible in order to make their monthly premium more affordable. Many short term or temporary health plans also have high deductibles that can be difficult to meet. Although high deductible plans are a good way to keep health insurance costs under control, when you or a family member actually needs health care, it can be a big hit to your wallet. (more…)