HealthCare Plus (Hospital Indemnity)


Carrier Name:

USAble Life

Line of Coverage:

HealthCare Plus (Hospital Indemnity)

Key Selling Features:

  • Flexible policy features to individualize coverage
  • Guaranteed renewable
  • Transportation Benefit
  • Accidental Death & Dismemberment Benefit
  • Pays the insured directly, regardless of other coverage

Basic Product Overview:

HealthCare Plus is an individual hospital indemnity plan which pays supplemental daily inpatient hospital and related benefits directly to an insured, regardless of other coverage. Coverage is available to employees and their families. A choice of hospital indemnity amounts is available which allows insured to tailor a plan to their needs and budget.

Benefits

Hospital Indemnity

Choice: $25 (Basic), $50 (Select) or $100 (Ultra) daily benefit for inpatient hospital confinement. Lifetime benefits, no elimination period.

Intensive Care/Coronary Care

Choice: $50 (Basic), $100 (Select) or $150 (Ultra) daily benefit paid in addition to Hospital Indemnity for confinement to ICU/CCU. Coverage begins first day, up to 60 days per confinement.

Initial Hospitalization

Pays a one time lump sum benefit per covered confinement in a hospital for 24 hours or more. $500. (Option 1), $750. (Option 2) and $1,000. (Option 3) and is payable once per calendar year.

Ambulance

Pays a benefit for ambulance transportation to a hospital or emergency center for a covered sickness or injury. Benefit varies per option selected and is payable up to 4 trips per calendar year.

At Home Nursing

Pays $25 (Option 1) or $50 (Option 2) per visit by licensed or registered nurse at home within 60 days following covered confinement. One visit per day.

Waiver of Premium

After Primary insured has received hospital confinement benefits for 30 days, premiums are waived for duration of the hospital confinement.

Transportation

$25. (Option 1) or $50. (Option 2) and is for prescribed confinement not available within 75 miles of insured’s residence. Paid in addition to ambulance. Up to 4 trips per calendar year.

Accidental Death & Dismemberment

If loss occurs within 90 days of injury and independent of other cause, pays full benefit of $1,000 (Option1) or $2,000 (Option 2) for loss of life; both hands or feet; one hand and one foot; sight of both eyes; or one hand or foot and sight of one eye. Pays one-half the benefit for loss of one hand; one foot; or sight of one eye.

Issue Ages

Under 65 If purchased prior to age 65, coverage may be continued after 65.

Available Plans

Individual and Family

Pre-existing Limitations

Applies during first 12 months for pre-existing conditions treated, for which received medical advice or took prescribed medication within 12 months prior to effective date of coverage.

Pregnancy

No benefits until after 10 months. Complications covered same as any other illness unless pre-existing.

Additional details will be provided upon request.

Advantages and Strengths of Implementing this Product with our company over our competitors: USAble Life brings extensive knowledge on the products that serve the worksite market. We offer highly competitive products and rates with personalized one-on-one enrollments. Our web site is user friendly. We recently introduced a new incentive, called LifeLine, which allows employers to track claims through our web site.

DISCLAIMER: This is a brief description of the products offered by USAble Life. These descriptions are for informational purposes only. Products and provisions described may not be available in all states. Specific provisions may vary by state. The policy contains a complete description of benefits, provisions, limitations and exclusions. In the event of a conflict between this description and the policy, the policy will prevail.