Have you always wanted to offer medical benefits to your employees but been put off by the high cost? Now it's easier and less expensive than ever to offer the benefits your employees need. Universal Insurance Facilities Ltd. has come up with a limited medical-benefit plan called Fundamental Care Plus. Designed to help your employees pay for everyday medical expenses that arise out of illness or accidental injury, Fundamental Care Plus costs far less than a typical HMO plan and can be a big advantage in helping you recruit and retain your hourly employees.
Plan Highlights
Fundamental Care Plus is an affordable limited medical-benefit plan designed to pay for those everyday medical expenses that arise out of illness or accidental injury. The basic plan provides for a limited number of doctor visits and a specific amount of hospitalization, with prescription and vision discount benefits*. The plan can cover both the employee and his family. The benefits are simple to manage and the monthly premiums are extremely affordable. A dental plan and an employee personal property protection plan (which is similar to renter's insurance) are available options. (See Table A for actual costs).
The criteria necessary for you as an employer to offer the plan is simple. The basic requirements* include the following:
- Employer contributes at least $20 of each enrollee's monthly premium
- Average age of enrollees must be 40 or under
- Coverage is subject to approval prior to initiation
- Pre-existing conditions are covered after 12 months of continuous coverage
- Enrollees will be issued individual certificates of insurance
The benefits of offering the program include improved recruiting and lower turnover, reduced workers compensation claims, less absenteeism and better employee relations for you; and help with everyday medical expenses, coverage for emergencies for the entire family, and prescription and vision savings are the benefits for your employees.
See policy for exact terms and conditions. Discount plans are not provided by or underwritten by Continental Assurance Company. Coverage is available now for residents of the United States except in the states of Minnesota and Vermont. For more information about program details and prices, please call Universal Insurance Facilities Ltd. (800) 844-2101.
| Table A Rates and Enrollment--Monthly Rates |
|
| Fundamental Care Plus Medical Plan | |
| Employee | $ 48.75 |
| Employee +1 | $107.25 |
| Family | $170.62 |
| Dental Assistance Plan | |
| Employee | $ 14.95 |
| Employee +1 | $ 29.90 |
| Family | $ 44.85 |
| Personal Property Protection Plan | |
| Employee Only | $ 8.25 |
Frequently Asked Questions
Q: Can I still use Fundamental Care Plus even if I have other insurance or receive another form of assistance?
A: Yes. The plan can be used with health, disability or accident plans.
Q: How do I enroll?
A: Simply complete your enrollment form and return it to your employer.
Q. What do I receive after I'm approved?
A.: Once you are approved for enrollment in the plan, we will send you a certificate of insurance based on the coverage you select and an ID card. It will be effective the first of the month following your enrollment.
Q: How does the prescription plan work?
A: Fundamental Care Plus members utilize a network of some of America's largest pharmacies. You will receive significant discounts for brand and generic prescriptions. You will receive a listing of participating pharmacies on your ID card. Show your ID card to receive the discount.
Q: Do I have to pick my doctor and hospital from a pre-approved list?
A: No. You have the freedom to select the doctor or hospital of your choice.
