Benefits Of Limited Indemnity Benefit Plans

Hailed mini-medical plans, the limited indemnity benefit plans offer small coverage for short period of time. The plans do not cover the insured, for catas…

Hailed mini-medical plans, the limited indemnity benefit plans offer small coverage for short period of time. The plans do not cover the insured, for catastrophic diseases or critical illness, long stays in the hospital and chronic health conditions. Limited indemnity benefit plan reimburses your medical expenses immediately, irrespective of the service provider and allows you the freedom of choosing the coverage that suits your budget and needs.

Limited indemnity benefit plan is preferred by people who travel a lot and who require a short term cover that offers them reimbursement without much underwriting. The plan also offers the flexibility to choose the doctor and the hospital, from where you receive health care according to your own discretion without being troubled by specific network of providers mentioned in the plan.

American Trade Association provides limited indemnity benefit plans for their members. Members of the association can avail benefits for daily in-patient days in a hospital, which is the basic privilege offered through the plan. The optional benefits availed by the members are for the visits to the physician’s office, diagnostics, lab usage, in-hospital additional benefits, intensive care charges, emergency room charges and critical illness benefit among others.

The members of the American Trade Association can also have the privilege of getting wellness indemnity and indemnity on the drugs and medicines used during the period of confinement in the hospital through the limited indemnity benefit plan offered by the association.

American Trade Association allows the members of the association to enjoy the privilege of additional coverage on the health insurance plans offered by the association. Additional coverage of the limited indemnity benefit plans of this non-profit association covers the spouses and the children of the members, under group term life insurance. It also offers accident medical plan which provides extra accident benefits along with health insurance benefits.