Massachusetts Group Health Insurance

In a dynamic healthcare marketplace, medical programs continually evolve to satisfy both regulatory and cost-containment needs. On top of all this, not all employer groups are created equal, which is why carriers have developed a wide range of plan design options. Now add in HRAs, FSAs, HSAs, and a host of other three letter acronyms, and all of this becomes very confusing very quickly.

Navigating the complex maze of medical plan design options is an incredibly daunting task, one that employers should not go at alone.

That’s why for small and mid-size Massachusetts employers, Universal Benefit Plans designs, implements and manages highly innovative health insurance programs based entirely on each client’s unique coverage and budgetary needs.

Supplemental Health Gap Coverage

For businesses with high-deductible health plans, Universal Benefit Plans provides a supplemental coverage product from Transamerica that helps employees offset high out-of-pocket expenses.

The product—Group Out-of-pocket Medical Expense Indemnity Insurance—pays an indemnity benefit for deductible expenses, co-insurances and co-pays.

Plan components include:

• In-hospital benefit
• Outpatient hospital benefit
• Ambulance benefit for accident-related ground or air ambulance
• transportation