Health Care Reform

- We’re Open For Business

Health care reform will bring many changes to the market over the next few years.

However, limited medical plans written on a fixed indemnity basis (like our plans) are not subject to the new legislation. Under the Definitions section, “hospital indemnity and other fixed indemnity insurance” is specifically listed under “excepted benefits” to which the defined term “group health plan” does not apply.

We are, therefore, continuing to renew existing programs and write new limited medical plans. In fact, we are developing a new, more robust generation of our product which will be available soon. The need for lower-cost alternatives to comprehensive major medical continues and will, we believe, grow as traditional health insurers continue to raise rates in preparation for the full implementation of health care reform.

If you have specific questions about how health care reform will impact a particular plan, please call us at (804) 273-9797.