The product, called GapAssist, will include accident, critical illness and inpatient hospital benefits. The three gap plans — Base, Classic and Premier, all with varying benefit amounts — are intended to complement high-deductible health plans.
Accident coverage is intended for eligible emergency department visits, physician fees and tests up to a set maximum benefit. The critical illness plan offers a lump-sum benefit upon the diagnosis of a covered critical illness. The fixed-payment inpatient hospital coverage offers per day benefits for covered stays in healthcare facilities.
More articles about payer issues:
Progressives launch campaign to support public health insurance option
Southwest General, Anthem BCBS ink bundled payment contract
BCBS of Vermont seeks $6.2M from state in unpaid premiums
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
