Ancillary Health Products
Innovative Senior Benefits is a service that specializes in providing healthcare solutions to individuals. The service offers a range of ancillary health products, including dental and vision insurance, hospital indemnity insurance, critical illness insurance, and extended care insurance. These products are designed to help individuals fill the gaps in their health insurance plans and protect them from high out-of-pocket costs associated with unexpected medical events.
By providing access to these ancillary health products, Innovative Senior Benefits helps individuals to maintain their health and quality of life. These products can also provide you peace of mind, knowing that they are protected from unexpected healthcare costs.
Why Add Ancillary Products to Your Planning?
Adding ancillary products to your planning can provide several benefits. Here are some of the reasons why you might want to consider adding ancillary products to your planning:
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Fill the gaps in coverage: Ancillary products can help fill the gaps in coverage that traditional health insurance plans may not cover. This can help ensure that you have comprehensive coverage for all of your healthcare needs.
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Protection against unexpected costs: Ancillary products can provide financial protection against unexpected healthcare costs. For example, critical illness insurance can provide a lump-sum payment in the event of a serious illness diagnosis, helping to cover expenses that may not be covered by your traditional health insurance plan.
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Improved health outcomes: Ancillary products can also help improve your health outcomes by providing access to preventative care services such as dental, vision, and hearing exams. These services can help detect and address health issues early on, preventing them from becoming more serious and costly down the line.
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Attract and retain employees: For employers, offering ancillary products as part of a benefits package can help attract and retain employees. These products can be an attractive addition to standard health insurance plans, helping to differentiate your organization from competitors.
Dental / Vision
Adding standalone dental and vision insurance to your healthcare planning can provide several benefits. Here are some reasons why you might want to consider adding these products:
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Comprehensive coverage: Standalone dental and vision insurance can provide comprehensive coverage for these essential healthcare services. Dental and vision exams are not typically covered by standard health insurance plans, and adding standalone coverage can ensure that you have access to these services.
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Preventative care: Regular dental and vision exams are important for maintaining good health and preventing more serious health issues down the line. Adding standalone coverage can provide you with access to these preventative care services, helping you stay healthy and catch issues early.
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Cost savings: Standalone dental and vision insurance can also help you save money on these services. By having insurance coverage, you can reduce your out-of-pocket costs for routine exams, cleanings, and eyewear.
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Flexibility: Standalone dental and vision insurance plans are typically flexible and customizable, allowing you to choose the coverage levels and services that best meet your needs. This can help you tailor your healthcare planning to your unique situation.
Hospital Indemnity Plan
Adding hospital indemnity insurance to your healthcare planning can provide several benefits. Here are some reasons why you might want to consider adding this product:
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Financial protection: Hospital indemnity insurance provides financial protection against the high costs associated with hospital stays. This product pays a fixed benefit for each day you are hospitalized, which can help cover expenses that may not be covered by your standard health insurance plan.
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Flexibility: Hospital indemnity insurance is typically flexible and customizable, allowing you to choose the coverage level and benefits that best meet your needs. This can help you tailor your healthcare planning to your unique situation.
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Additional coverage: Hospital indemnity insurance provides additional coverage beyond your standard health insurance plan. This can help ensure that you have comprehensive coverage for all of your healthcare needs. These plans allow you to add riders to cover the cost of an ambulance as well.
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Peace of mind: Knowing that you have financial protection in the event of a hospital stay can provide peace of mind for you and your family. Hospital stays can be expensive and stressful, and having insurance coverage can help alleviate some of that stress.
Critical Illness: Cancer / Heart Attack / Stroke
Adding critical illness insurance to your healthcare planning can provide several benefits. Here are some reasons why you might want to consider adding this product:
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Direct payment: The cash benefits from your policy are paid directly to you upon the diagnosis of cancer or if you suffer a heart attack or stroke, regardless of any other health care coverage you may have. Typically, the benefit is made to you as a lump sum payment. This can help cover expenses that may not be covered by your standard health insurance plan, such as deductibles, copayments, or non-medical expenses like mortgage or rent payments.
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Focus on recovery: The funds provided by critical illness insurance can help you and your family focus on recovery rather than financial stress. Serious illnesses like cancer, heart attack, and stroke can be emotionally and physically draining, and having financial support can alleviate some of that burden.
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Flexible benefit amounts: The choice of benefit amounts are flexible and can range up to $75,000 for cancer and $75,000 for heart attack and stroke, depending on your specific needs. This flexibility can help you tailor your coverage to your unique situation.
Extended Care - Short / Long Term Care
Adding extended care insurance to your healthcare planning can provide several benefits. Here are some reasons why you might want to consider adding this product:
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Financial protection: Long-term care services can be expensive and are often not covered by standard health insurance plans. Extended care insurance provides financial protection against these costs, which can be a significant burden on individuals and families. The insurance can help cover the costs of services like nursing home care, home health care, and assisted living facilities.
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Flexibility: Extended care insurance policies are typically flexible and customizable. You can choose the coverage level and benefits that best meet your needs and budget. This allows you to tailor your healthcare planning to your unique situation.
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Long-term planning: Extended care insurance is designed to help you plan for the possibility of needing long-term care services in the future. This is especially important for aging individuals and those with chronic illnesses who may require ongoing care. Having insurance coverage for long-term care can help you and your family prepare financially and emotionally for the future.
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Peace of mind: Knowing that you have financial protection in the event of needing long-term care services can provide peace of mind for you and your family. Long-term care can be stressful and emotionally draining, and having insurance coverage can help alleviate some of that stress.
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Access to additional resources: Many extended care insurance policies offer access to additional resources such as care coordination, caregiver support, and eldercare resources. These resources can help you and your family manage your care more effectively and make informed decisions about your long-term care needs.