Platinum Author
Injury insurance supplements in the United States have also been referred to as Accident Medical Expense Benefits, 24 Hour Accident Coverage, Accident Medical Coverage, and Supplemental Accident Coverage. Accident plans are not sold as insurance but a indemnity insurance plan. Indemnity means to compensate. Plans work by compensating policy holders up to a predetermined amount of either $2,500, $5,000, $7,500, or $10,000 US dollars per injury. Plans usually have a $100 US dollar deductible per accident. Plans basically pay up to the selected accident coverage amount minus the $100 deductible which comes out of your pocket. These predetermined accident coverage amount is the policy face value. Accident only supplements only compensate for injury related bills that occurred after the policy was in force. Policy must be active prior to any injury to have the hospital or doctor bill payable.
Personal accident plans in this market have no underwriting or health questions when enrolling and benefits are guarantee issue up to age 70. So everyone who applies for accident coverage gets approved. Injury insurance supplements can be used with any licensed doctor, hospital emergency room, medical clinic, or urgent quick care facility. Plans offer a ridiculous freedom to use any trauma related provider which is expected from a accident only type plan. When someone gets injured and go's to the emergency room, the resulting ER bill can be paid off by the 24 Hour Accident Plan or the policy holder will be reimbursed the financial loss. This is the main purpose and definition of an indemnity plan. To compensate policy holders for a financial loss which is the doctor or ER bill that resulted from the accident.
I've been researching these clever accidental injury plans for years and here's the most competitive rates so far:
Family Plan Quotes At A Glance:
(Family polices include everyone. A family with 10 members on the plan pays the same as a 3 person family).
$5,000 Family Benefit - $35.00 dollars monthly
$7,500 Family Benefit - $41.00 each month
$10,000 Family Benefit - $47.00 a month
Individual Accident Supplement Quotes At A Glance:
$5,000 Benefit - $24.00 dollar a month membership fee.
$7,500 Benefit - $29.00 monthly.
$10,000 Benefit - $36.00 dollars each month.
Injury Insurance Supplement Benefits At A Glance:
-Splints, Casts, Braces
-Dental treatment to damaged teeth (sound natural teeth)
-Ambulance charge (ground or air)
-X-Rays and MRI'S (miscellaneous diagnostic testing)
-Operating room and surgery costs (including anesthesia expense)
-General hospital emergency room related expenses and fees
-Doctors visits (inpatient and outpatient)
-Hospital room & board
-Prescription drugs
-In / outpatient surgery expense
About this Author
Adam Santi has been a licensed medical insurance broker since 2004. Adam is also a Gracie Jiu-Jitsu Black Belt and has become an expert on getting himself injured, being tapped out, and going to emergency rooms. Check out my website to learn more and apply online to the industries leading injury insurance supplements.
http://www.accidenthealthinsuranceplan.com/
Article Source: http://EzineArticles.com/?expert=Adam_Santi
