Voluntary hospital indemnity and supplemental medical products have experienced significant change since the Affordable Care Act went into effect a few years ago. While this portion of the voluntary market used to be dominated by mini-med and gap plans, hospital indemnity and supplemental medical plans have evolved to meet the needs of today’s employers and employees. These newer products continue to fill gaps left by major medical coverage, but also give customers a way to better offset the out-of-pocket costs associated with higher deductible health plans and HSAs.
The 2017 Voluntary Hospital Indemnity Plans Spotlight™ Report examines the current voluntary hospital indemnity market and profiles 18 leading carriers in the market, representing 21 different hospital indemnity and supplemental medical products. Specifically, the report looks at:
The report is designed to help carriers better understand the current versions of these products and how their product “stacks up” against the competition.
Voluntary Hospital Indemnity Plans, a Spotlight™ Report
Eastbridge Consulting Group, Inc. is a marketing advisory firm serving insurance and financial services organizations in the United States and Canada.