Supplemental Insurance in Texarkana, TX

Supplemental insurance programs are designed to help bridge the gap between the cost of treatment for a serious illness or disabling accidents and the actual payment by major medical insurance. Heart attack, stroke, cancer and other illnesses can affect not only your health but also your bank account-medical expenses reportedly lead to more than half of all bankruptcies in the United States. When faced with a severe illness and the accompanying medical costs, supplemental insurance can help relieve the financial burden so you can focus on recovering your health.

• Voluntary benefits are selected and paid for by employees, providing them a cost-effective way to expand group benefit plans at no additional cost to the employer.
• Voluntary benefits offered through payroll deduction allow employees to purchase individual insurance at group rates.
• Most benefits offered can be taken as a pretax deduction under the Cafeteria plan, saving the employer and employee tax dollars.
• Offering voluntary benefits in conjunction with a Cafeteria Plan allows employees to meet with a benefit counselor on an annual basis.
• Most voluntary benefits offered are portable at the same price if employees leave employment or retire.
• Most benefits offered are subject to minimal underwriting or can be offered under guarantee issue guidelines.