The end of the year likely has you thinking about more than tinsel and fruit cake. This is also the time of year you need to start thinking about your healthcare needs in the coming year. If you’re like many of us, those high deductibles and out-of-pocket maximums might be giving you pause.
Unfortunately, since the implementation of the Affordable Care Act (ACA), deductibles are steadily getting higher and out-of-pocket expenses have followed suit. Surely in the last several years you’ve felt the financial impact of the ever-changing face of healthcare. If you’re worried; we understand. There is certainly a legitimate concern of the financial exposure the ACA has placed on the consumer. Like many consumers, you may have moved to a higher deductible plan in order to save on monthly premiums. In doing so, you now are required to pay more out-of-pocket if and when you actually need to use your healthcare coverage.
The peace of mind you need
If you’re like most of us with a high-deductible health plan, you’ll never actually meet your annual deductible. This means you’ll use those covered services – like checkups and preventative screenings – but will likely pay out of pocket for other modest medical expenses, like prescriptions and routine diagnostic doctor’s visits.
The people who do meet their yearly deductible will likely do so for one reason: they have experienced a major injury or critical illness diagnosis. After an accident or the diagnosis of a critical illness, your healthcare expenses are likely to skyrocket, and if you have a high deductible plan, you’ll be on the hook to meet it before your coverage kicks in.
It’s no wonder that we’ve seen a tremendous increase of interest in our supplemental plans that provide protection against claims associated with accidents or critical illnesses. These plans offer you a certain amount of protection against those health events that could leave you and your family financially strapped for a low rate.
For example, we can help you purchase $5,000 of protection against accidents and critical illness for the following rates:
- Single – $42.45
- Single plus 1: $58.54
- Family: $71.51
This coverage will help you meet your high deductible when illness or accident strike, helping you “fill the gaps between what your healthcare plan requires and what you can actually afford.
If you’re worried about high deductibles and out of pocket expenses, we have peace of mind for you. Give us a call today and we’ll help find the supplemental plan that works for you.
Your health – both physical and financial – is important Protect both through a critical illness policy.