Our interview with NPR about Gap Plans

Gap plans are one of the innovative ways that some insurance companies, consumers, and especially small businesses are responding to rising health insurance costs.

Whatever you think of the Affordable Care Act (Obamacare), it is undeniable that costs are going up across the board. (That’s not a political statement – we’ve been staying out of that! – ¬†just the plain facts of the matter.)

This week NPR ran a story on the rise of gap plans that featured an interview with Alex Forrest of AC Forrest Insurance Group, with the catchy title:

Would you like some insurance with your insurance?

Not to toot our own horn too loudly, but we thought that was kind of cool.

Gap insurance really can be thought of insurance for your insurance. The point of insurance, after all, is to help you pay unexpected costs that you can’t plan for and/or are beyond your ability to pay. With out-of-pocket costs and deductibles going higher and higher, many of us now have a need to insure against paying those high costs.

So as silly as it sounds, there is a legitimate need for gap plans and many small businesses are finding that they can keep their costs lower without compromising benefit levels by using a gap plan.

Learn more about gap plans here. 

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