Fresh Information

July 8, 2010

Emergency Room Insurance

Emergency Room Insurance – ER Supplement User Guide

Emergency Room Insurance

By Adam Santi

User guide for emergency room insurance supplements:

This article is intended for people who already have an active ER insurance supplement. “Active” meaning you’re already paying for the plan every month. These ER plans are sold by thousands of health insurance agents in the United States. Other names for this supplement include: 24 Hour Accident Coverage, Accident Medical Expense Benefit, Supplemental Accident Coverage, Accident Medical Coverage, and Accident Supplemental Benefit Plan. These supplements are not sold as “insurance” rather a membership plan tied into an association.

If you don’t already have one of these clever accident health insurance supplements, it’s not really tough to get one. Accident plans are automatic approval up to age 70 with no underwriting or health questions. The following figures are from the leading emergency room insurance plan and will give you an idea on the coverage and monthly cost. The family costs includes everyone. A 3 person family has the same cost as a 12 person family. Plans can be used with any licensed Physician, Urgent Care Facility, Emergency Room, or Hospital. ER policies pay up to benefit level per covered accident with a $100 dollar deductible. Policy benefit levels are $5,000, $7,500, or $10,000.

Monthly price estimates from industries leading plan:

$36.00 US Dollars per month: $10,000 Benefit Individual Plan

$29.00 US Dollars per month: $7,500,000 Benefit Individual Plan

$24.00 US Dollars per month: $5,000 Benefit Individual Plan

$47.00 US Dollars per month: $10,000 Benefit Family Plan

$41.00 US Dollars per month: $7,500 Benefit Family Plan

$35.00 US Dollars per month: $5,000 Benefit Family Plan

Tips to maximize emergency room insurance supplements:

1. Figure out the best emergency rooms in your area ahead of time. The old saying go’s, most accidents happen around the home. Some hospitals have better reputations then others. If the nature of your injury allows you time to think, going to the best local ER is smart. Ask around if you don’t already know the best local emergency rooms.

2. Use the best surgeons. If the injury requires outpatient surgery, hunt down the best Orthopedic Surgeons for that specific injury. Lets say someone tore their ACL (knee ligament). Find out from local Physical Therapist who the best Orthopedic Surgeons for ACL repairs are in your state. Use a Surgeon who specializes in Sports Medicine and works with professional athletes. If the doctor is good enough to do ACL repairs and knee surgeries for the Chicago Bears Football team, the doctor is good enough for you.

3. Accident plans allow you to increase health insurance deductibles without stress. Most deductibles are met from bodily injuries anyways. Increase your current HDHP (high deductible health plan) deductible to the benefit level of the ER supplement. If you have a $10,000 benefit accident medical coverage supplement, increasing your current health insurance deductible to $10,000 would save you a lot of cash. Injury plans insure the large deductible almost eliminating any out of pocket exposure.

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