The need for Medical Bridge 3000 – hospital confinement protection

More and more Americans are concerned about the money they spend out of pocket for medical costs not covered by their health insurance, such as deductibles and co-payments. Based on current average PPO plan designs, the typical American family of four will pay $2,420 out-of-pocket in 2007. This is an increase of $210 over 2006.
(Milliman Medical Index 2007.)

As a way to manage rising health care costs, employers are raising deductibles and co-payments, and employees are sharing more of the cost of the insurance premiums.   


How does it work?

Five plan designs are available allowing employer’s flexibility to choose the one that works best with their health plan.

Medical Bridge 3000

Employer's can continue to offer affordable health care and still help limit their employees' first dollar expenses.

Colonial Life’s Medical Bridge 3000 helps fill the gaps which can be financially devastating when unexpected health care expenses occur.

How can it help? 

• Hospital confinement indemnity plan
• Offers employees the option to buy additional protection
• Targets the gaps in high-priced claims areas including: 
• Hospitalization
• Outpatient surgeries
• Diagnostic testing
• Emergency room visits

As employers weigh the costs associated with annual health coverage renewals, selecting Medical Bridge 3000 to offset the increase in the deductibles may well be a less expensive alternative than the original renewal.  Employees are still protected and employer costs are controlled. 

Voluntary Benefits