Page 49 - Product Summary of Colonial Life_Neat

Hospital Indemnity Insurance

Group Medical Bridge helps cover out of pocket expenses.
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Health plans are giving employers more options for customized coverage. With
all of this complexity, employers need a simple way to ensure they’re providing
adequate coverage while controlling costs.

Group Medical Bridge can offer tailor-made plan designs to help employees with
deductibles, co-pays and other costs not covered by their medical insurance.

This solution can help employers:

„ Move to a more affordable health plan such as a high deductible
health plan (HDHP) while still providing employees protection for larger
out-of-pocket expenses
„ Offer a health savings account (HSA) compliant solution for employees

„ Provide guaranteed-issue coverage for their employees and waive
pre-existing conditions if participation is met
„ Offer voluntary or employer funded rates

„ Easily customize their plan using à la carte style benefits
„ Offer multiple plans for greater flexibility

It can also help employees:

„ Cover out-of-pocket expenses not covered by health insurance,
such as co-pays, deductibles and co-insurance
„ Receive benefits regardless of any other insurance coverage

„ Know exactly what benefit amount they will receive
„ Use benefit payments however they see fit

„ Receive additional coverage with no health questions asked 1
„ Choose coverage for themselves, their spouse and their family

ColonialLife.com

1 Benefits may be subject to pre-existing conditions.

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