EssentialCare Critical Illness Insurance
Supplemental protection for your client’s employees in the event of a critical illness or diagnosis
Why EssentialCare Group Critical Illness?
EssentialCare Group Critical Illness pays a lump-sum benefit upon diagnosis of a covered illness or life-changing health event. Employees can use payments to pay for major medical copays and deductibles, or additional expenses like transportation, child care, and more to help fill gaps in employees’ healthcare coverage.
Key Features
Guaranteed issue
Lump-sum payments with no networks or coordination of benefits
Innovative optional riders extend coverage for severe mental illness and gene therapy*
Seamless claims integration approach
Family coverage available
Customizable plan designs to meet your client’s needs
FAQs
What is Critical Illness Insurance?
Critical Illness Insurance is supplemental to a primary health plan and helps pay for out-of-pocket medical and non-medical costs resulting from a critical illness diagnosis. This plan provides lump-sum cash benefits that are paid directly to the insured, and not the doctors and hospitals.
Why would someone need additional coverage for illnesses?
A critical illness diagnosis can come out of the blue—and can be costly. Even quality medical coverage can leave someone with extra expenses. Things like plan deductibles, copays and out-ofnetwork care can add up fast. Having financial support when the time comes can mean less worry for employees and their families.
What types of illnesses are covered under this plan?
Plans can vary. Contact BCS to customize a plan for employees.
Are medical exams required?
No. EssentialCare Group Critical Illness Insurance is guaranteed issue, which means acceptance is guaranteed, regardless of health. Employees just need to be actively at work for coverage to be effective. There are no medical exams to take and no health questions to answer.
How are benefits paid?
Benefits will be paid directly to the insured, unless otherwise required by law or assigned.
EssentialCare Supplemental Health Solutions Filling the Gap: A Case Study
Medical expenses are one of the most significant financial burdens facing American households today. While major medical insurance is the gold standard for employer-sponsored health care, deductibles, copays, and coinsurance can leave individuals and families financially exposed in the event of a medical crisis. This is where supplemental health insurance can play an important role, by …