Balance Plans

Most people like to think of Balance Plans as a way to supplement their current health insurance because these plans can help reimburse you for doctor visits or hospital stays depending on the reason you are there. The good news is that you do not need to have health insurance to sign up for a balance plan. Anyone can sign up at any time during the year.

 Balance Plans were created to help people who experience a serious illness for the first time or who have an unexpected accident or injury.

 For example, if you go skiing and you break your leg that is considered an unexpected accident. If you are enrolled in a Balance Plan and this event occurred the Balance Plan would help pay you for your medical expenses up to the specified amount in the policy. The Balance Plan doesn’t care what your health insurance plan paid for the expense or what you paid out of your pocket. If you qualify for X amount they will give you X amount. Pretty cool!

Balance Plans are great for individuals who are enrolled in a high deductible health insurance plan.