About CorridorCare Limited Accident & Sickness Fixed Indmenity Insurance
CorridorCare limited accident & sickness fixed indemnity insurance plans are designed and marketed jointly by COB, Inc. and Employee Security, Inc. They are insured by ACE American Insurance Company, part of the ACE Group of Companies, rated A+ (Superior) by A.M. Best for financial strength and operative performance.
AFFORDABLE - You already know that comprehensive health insurance is very expensive. CorridorCare offers a less expensive, fixed indemnity limited benefit solution. Consider that the current national average annual premium for full employer provided health coverage is $5,049 single coverage and $13,770 family coverage (Source: Kaiser Family Foundation 2010 Annual Survey). Compare these rates to the premiums for the CorridorCare plans.
ACCESSIBLE - CorridorCare is guaranteed issue for all eligible employees, meaning there are no medical questions or physical exams to qualify.
FLEXIBLE - A number of plans are available to allow you to select the benefit level and premium payment that suits you and your employees best.
Plan Highlights
- Physician Office Visits: Up to 5 visits per Plan Year
- Outpatient Lab & X-ray: Up to 3 visits per Plan Year
- Well-Care: 1 Adult visit per Plan Year; Children Age 4 and under-3 visit(s) per Plan Year
- Hospital Confinement: Up to 100 days per Plan Year with double the benefit for ICU confinement up to 30 days per Plan Year
- Emergency Room (Sickness Only): Up to 3 visits per Plan Year
- Surgery: 1 Inpatient and 1 outpatient surgery per Plan Year
- Preferred Provider Organization (PPO): Access to the PHCS National PPO for even greater savings. No penalty for choosing an out-of-network provider!
- Vision Benefits: $25 for eye exam once every 12 months. $50 for lenses/frames once every 24 months.
- Prescription Drug Benefit: National network for discounts on prescription drugs.