Out of Pocket Protection Plan – NCHealthPlans.com Health News

High Medical Deductibles Getting you Down? – Get Out of Pocket Protection

Kristen Baily — Tue, 14 Jun 2016 12:32:11 +0000

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.

If you are looking for an affordable way to help eliminate high out of pocket healthcare expenses or offset the deductible on your health insurance plan, the Out of Pocket Protection Plan could be the answer. For more information on North Carolina insurance coverage, please visit our website at www.nchealthplans.com or call our toll free number 888-765-5400 and speak with one of our experienced and professional agents.

NC Health Insurance Deductible? – Here’s a Way to Eliminate It

Kristen Baily — Thu, 26 May 2016 16:47:21 +0000

The Out of Pocket Protection Plan is a simple, cost-effective solution for individuals and families now facing higher health insurance deductibles. If you are currently enrolled in a health insurance plan with a deductible that is unaffordable or would cause financial pressure should you find yourself facing an unexpected accident or hospitalization, you can now virtually eliminate your deductible and ease your out of pocket expense. In this ACA market, many NC health insurance plans now have deductibles of $3000, $5000, even $6000 and higher. For most people, trying to meet such high out of pocket expenses is financially burdensome, if not crippling. An Out of Pocket Protection Plan will put up to $6350 back in your pocket upon your first admission into the hospital and will pay up to $200 a day for up to 10 days of hospital confinement.

The math is simple. If you have an NC health insurance plan with a $3000 deductible and could enroll in a plan that pays $6350 directly to you for a first time in patient hospitalization and $200 for every day you are confined up to 10 days, the Out of Pocket Protection Plan will more than cover your deductible. In addition, this plan offers a $50 benefit paid directly to you for 2 doctor visits a year, meaning less cost to you when you visit your physician. If your current health plan has copayments in place for doctor visits, the Out of Pocket Protection Plan could cover or exceed your copayments for routine care.

Offering an Outpatient Surgery Benefit as well as an Emergency Accident Benefit of $250 (up to 4 a year), the Out of Pocket Protection Plan is a smart way to save money. With incredibly low monthly premiums, this plan can more than pay for itself and can give you the comfort of knowing your deductible is covered when you need it most.

For more information on North Carolina insurance coverage, please visit our website at www.nchealthplans.com or call our toll free number 888-765-5400 and speak with one of our experienced and professional agents.

Reduce Out of Pocket Health Care Costs – Eliminate your Insurance Deductible

Kristen Baily — Mon, 09 May 2016 12:18:43 +0000

In today’s NC health insurance market, high deductibles are a real problem for many individuals and families. With insurance premiums on the rise, however, many people have chosen to enroll a health plan with a higher deductible in order to make their monthly premium more affordable. Unfortunately, the trade off is more out of pocket expense. 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. In a good year when everyone stays healthy, it might not be a problem, but should someone on your health plan need an unusual amount of care, it can create unexpected bills and unnecessary debt. 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. The plan also 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!