Limited Medical insurance helps people guard against the financial risks associated with paying medical expenses, enabling them to fill gaps and protect their income and assets. The plan offers coverage for basic day-to-day health expenses, such as inpatient hospitalization.
Our Limited Medical (fixed indemnity) is a gap protection product, which provides a benefit amount for a select set of medical services. It works well for groups with part-time or seasonal employees. The Hospital Confinement benefit is compatible with health savings accounts (HSAs).
Key features include:
- Flexible benefit options: The hospital confinement benefit is required. Other benefit options include physician's office/urgent care visits, emergency room visits, surgical and anesthesia benefits, lab work, x-rays, major diagnostic tests , and preventive care, as well as ambulance transport, mental health/substance abuse treatment or skilled nursing care.
- Plan designs: Offer a broad spectrum of benefit levels.
- Eligibility: Coverage is available to groups with a minimum of 10 lives. The insured individual must work at least 20-30 hours per week.
The product may be offered employer-funded, or employee-paid (voluntary), or a combination of the two. It is offered on a guarantee issue basis with no medical underwriting needed. Dependent coverage is available.
For additional information please review our Limited Medical summary.
State Approval Status
Benefits and range of options may vary by state. Premium will vary based on plan chosen. A waiting period for late entrants may apply. This policy is renewable at the option of the company. Beazley includes the issuing company of Beazley Insurance Company, Inc., 30 Batterson Park Rd, Farmington, CT 06032. Beazley is rated A by A.M. Best. Administrative services are provided by HealthPlan Services (HPS).
Limited medical team
Head of Operations - US Accident & Health
Minneapolis, MN, USA
+1 952 656 email@example.com
Business Development Manager (AIP)
Atlanta, GA, USA
+1 770 576 1546Jeffrey.Morgan@beazley.com
Underwriting - Accident & Health Insurance USA
Minneapolis, MN, USA
+ 1 952 656 firstname.lastname@example.org
Business Development Executive
Dallas, TX, USA
+1 972 419 8011Jonathan.Sheedy@beazley.com