Having medical health insurance is a very good thing, but it is not perfect and it doesn’t cover everything. Particularly, severe and sometimes debilitating illnesses can put enormous financial stress on a person or family. Medical expenses are the top cause for personal bankruptcies in the United States. Sometimes life puts us out of action for a time; unfortunately, that’s not an option many Americans can afford. At ePlatinum Health, we believe that you, your family, and your livelihood deserve to be protected in the event of a major medical incident. To this end, we offer a variety of supplemental insurance options designed to guard your assets should you take seriously ill. Contact an agent and find a plan that works in your interest.
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UNDERSTANDING YOUR OPTIONS
Hospital Indemnity Insurance Plans
Hospital stays, especially prolonged ones, can impose a huge financial burden on an individual or family. And while health insurance plans will cover most medical expenses, they won’t usually cover other living expenses. A Hospital Indemnity plan is a low-cost supplemental insurance option that will pay a fixed daily income for the duration of your hospital stay.
Hospital stays can be a costly financial burden on an individual or family. While health insurance plans will cover most medical expenses, they won’t usually cover other living expenses. At ePlatinumHealth, we understand that while you’re in the hospital you’d like to keep your life running as normally as possible. A Hospital Indemnity Insurance plan, also known as hospitalization insurance, is a low-cost additional insurance option that pays a fixed daily amount for the duration of your hospital stay. Hospital Indemnity plans work alongside Original Medicare, Medicare Supplement plans, Medicare Advantage plans, as well as Individual or Family insurance plans. Hospital Indemnity plans are also customizable and can be tailored to fit your needs and your budget.
Speak to one of our licensed agents for a quote and get the peace of mind that comes with protecting your assets and your family.
How much does Hospital Indemnity cost?
The cost of a Hospital Indemnity plan will depend on your age, pre-existing health, and the amount of coverage you pursue. The costs aren’t usually high. Someone 30-40 years of age likely pays $5 or less per month, and someone 60-65 years of age likely pays around $30 per month.
Is a Hospital Indemnity Plan worth it?
According to HealthCare.gov, a 3-night stay in a hospital costs, on average, $30,000. The average American may not have the money to pay for such expensive medical care, so an insurance plan that helps cover costs associated with hospital stays provides additional financial support.
In some cases, a patient may be responsible to pay out-of-pocket for unexpected expenses arising from hospital stay, such as deductibles, copays for doctor visits, expenses from out-of-network providers, and prescriptions. Hospital insurance helps pay for additional medical costs that a patient’s current health insurance won’t pay for during a hospital stay. With Hospital Indemnity coverage, the policyholder gets paid directly, so they can choose how they want to spend the money.
Hospital Indemnity vs. Health Insurance
Unlike medical health insurance, which is tied to specific services, Hospital Indemnity payouts are triggered after certain events, such as a night spent in the hospital or an ambulance ride. And because the payouts aren’t tied to specific medical services, they can be used for anything the policyholder would like – even non-health related costs such as bills and groceries. It can even be used to pay the deductible for your medical insurance. A low-cost plan with big benefits!
Making a Wise Investment
The future is not known by anyone. You never know if or when you’ll get sick, be involved in an accident, or become otherwise injured. At ePlatinumHealth, we know that all too often with physical difficulty comes financial worry. Our agents are eager to provide you with a Hospital Indemnity plan that suits your budget AND protects you financially should hardship arise. We are happy to meet in person or simply speak on the phone to discuss finding a plan that works for you.
For minimal cost, invest in peace of mind.
Cancer Policies
The costs associated with cancer are notoriously high, and not all of them are covered in basic medical health insurance. A Cancer Policy is a supplemental insurance option designed to provide a financial cushion should cancer be diagnosed. Cancer Policies can vary widely in the types of payouts they make and services they cover.
The costs associated with cancer are notoriously high, and not all of them are covered in basic medical health insurance. A Cancer Policy is an additional insurance option designed to provide financial support should you be diagnosed with cancer. Cancer Policies can vary widely in the types of payouts they make and services they cover. Fortunately, at ePlatinumHealth, our independent agents will be able to find a plan that satisfies your preferences. Cancer Policy plans are subject to eligibility, so those with preexisting conditions may not be eligible for coverage.
Does It Make Sense for Me?
It is estimated that in 2017 there was over 1,600,000 new cancer diagnoses1. The lifetime risk of developing cancer is 38.5% in men and women2. Cancer is hugely stressful and treatment may be long, involved, and unpleasant. It will also certainly keep you out of work for some time, and unfortunately many employers do not offer short-term disability.
A Cancer Policy can help immensely so that a time of great personal stress need not be a time of financial stress, too. A Cancer Policy will help protect your assets should you be diagnosed, and may even help cover bills, transportation, and other services. If you have a family history of cancer it is an especially good idea to invest in a Cancer Policy as studies show the likelihood of diagnosis is higher for those with cancer in their immediate family.
Trust Us To Cover You
Cancer can be unpleasant to think about or plan for, but sadly it is all too common. ePlatinumHealth agents want to help you find a plan that meets your needs AND your budget so you can worry less and live with confidence.
1. http://onlinelibrary.wiley.com/doi/10.3322/caac.21387/full
2. https://seer.cancer.gov/statfacts/html/all.html
Critical Care Insurance Plans
Sometimes, when you’re least expecting it, life will throw a curveball at you. No one anticipates being diagnosed with a critical illness, but sadly it occurs frequently, and in such moments it’s better to be prepared. A Critical Care Insurance policy will protect you when you’re diagnosed with a critical illness with a lump sum payout that you can choose to use however you’d like.
A Critical Illness Insurance policy, also known as Critical Care Insurance, protects you when you’re diagnosed with a critical illness and has a lump sum payout that you can choose to use however you’d like. Sometimes, when you’re least expecting it, life will throw a curveball at you. No one anticipates being diagnosed with a critical illness, but sadly it occurs frequently, and in such moments it’s better to be prepared.
What is Covered by Critical Illness Insurance?
The three primary covered illnesses are cancer, heart attack, and stroke, though the policy may also cover other afflictions, including kidney failure, major organ transplant, and paralysis.
Do I Need Critical Care Insurance?
Having a critical illness puts an immense strain on the body; it also puts immense pressure on the wallet. Medical expenses account for a majority of personal bankruptcies in the U.S., upwards of 60% according to a Harvard study. While the average cost of treating a critical illness is over $7,000, most Americans have less than $1,000 in savings. A critical illness will undoubtedly keep you out of work for some time, and you’ll still have bills, groceries, and other living expenses to consider while you’re saddled with sometimes staggering medical expenses, even with typical health insurance. A Critical Care Insurance policy will protect you when you take ill, and payout $10,000 – $1,000,000 depending on your plan.
ePlatinumHealth Helps You Protect Yourself
At ePlatinumHealth, we’re invested in you; our goal is to have a conversation and find a plan that suits your needs and protects you when you’re most vulnerable, physically and financially. We believe that serious illness and the pursuit of wellness shouldn’t come with dire financial consequences. Our agents are happy to meet with you in person, or to talk on the phone, and to find the plan that works best for you. With ePlatinum Health, your future is in safe hands.
