Gap Plan
Over 50% of employers are struggling to continue offering Major Medical to their employees. Due to the financial strain they are forced to increase deductibles and copayments and shift the cost to the employees. Needless to say this is putting a financial strain on the employees with the high out-of-pocket costs.
The American Worker Gap Plans provide a solution for both the employer and employees. The plans offer inpatient and outpatient benefits that help cover these growing out-of-pocket expenses. Oftentimes, the Gap Plans will pay for itself with the savings involved in raising deductibles and copayments.
You can help your clients with The American Worker Gap Plans:
· One-stop shopping with a single, common contact for all services
· Access to multiple carriers—not a one-size-fits-all program
· Groups as small as 5 with low participation requirements
· Outstanding compensation
|
Example Gap Plan and Rates
|
Option 1
|
Option 2
|
Option 3
|
|
Inpatient Benefit
|
$3,500
|
$4,000
|
$5,000
|
|
Outpatient Benefit
|
$1,750
|
$2,000
|
$2,500
|
|
Monthly Employee Rates
|
$56.80
|
$62.13
|
$72.01
|