Medical Expense Insurance
Keep Your Medical Service Needs Covered.
Basic medical expense insurance pays benefits ‘’up front’’ without the patient having to first satisfy a deductible. These plans, however, are limited to a set amount that they will pa and the amount of time they will pay for certain medical services. Medical insurance can provide financial protection for just about all kinds of medical services.
Coverage is basically provided in one of two ways :-
- Basic medical insurance : limited coverage to select types of medical care
- Major medical insurance: broader, more complete coverage
Medical expense insurance is a contract of reimbursement. Normally members would pay their deductible for the services provided and the insurance company would reimburse the medical service provider for the balance of the amount due.
Sometimes members will pay the entire bill in which case the insurance company will reimburse the member.
To find out more, please contact The CFI Agency today. One of our helpful Health Insurance specialists will work with you to create a Medical Expense policy that fits the needs of you and your family.