Limited Benefit Plans

Sometimes major medical health insurance is just not an option. If you’re an individual with certain pre-existing conditions, you might not be able to get coverage, or at least not for your pre-existing conditions. For some individuals and small businesses, health insurance is just too expensive.

Limited benefit plans provide access to healthcare benefits for those who are unable to obtain traditional major medical health insurance or who simply want a lower-cost option. Limited benefit plans provide first dollar benefits for basic healthcare needs such as doctor visits and hospitalization, but include a cap on the benefits provided. These plans typically include little to no underwriting for pre-existing conditions, obesity, or similar issues that sometimes affect one’s ability to qualify for individual major medical insurance. They are also typically cheaper.

For a business, we can put together a customized proposal with no participation requirements that can be offered to employees who work as little as 15 hours a week. We can even set it up for 1099 workers. You can almost literally give us a target price and we’ll work to build a plan to fit.

To learn more about limited benefit plans, contact us. There are several limited benefit carriers we can consider, including BasicPlus and Assurant Health’s “Health Access” plans (probably in that order, though details differ). You can get a custom quote and even apply online within minutes.