Supplemental Hospital Gap Insurance

“How Will I Pay That Big Deductible All At Once If I Am Hospitalized?”

That’s the question employees are asking. If your company, like so many today, has moved to a high deductible health plan, you know and worry about the deductible coverage gap that could plunge an employee into financial crisis in the event of an unexpected hospitalization.

AGU’s “HDI” (Hospital Deductible Insurance) plan is the solution.

• Pick the benefit amount that most-closely matches your plan’s deductible – up to $5,000
• Premium can be paid by the employer, the employee or shared
• Typical example of the monthly premium: $3,000 benefit / $29.00 per employee per month (assumes employer pays 100%)
• If the employer pays the premium, there are no pre-existing conditions limitations
• No minimum participation requirements
• Available in most states for groups of 2 or more employees
• Coverage can be extended to spouses and children
• Unlike other gap plans, HDI can be used with both HSAs (Health Savings Accounts) and HRAs (Health Reimbursement Arrangements)
• HDI protects preserves the accumulated balance in your employee’s HSA because the account does not have to be tapped to pay for the deductible if hospitalized

Take the financial worry out of hospitalization. Adding HDI makes your health plan a better value for your employees and takes a big worry off the table.