Fixed Indemnity: A Practical Solution for Part-Time and Hourly Employees
Fixed Indemnity: A Practical Solution for Part-Time and Hourly Employees
Providing health coverage for part-time and hourly workers can be challenging and expensive. However, Fixed Indemnity Medical Plans administered by Planned Administrators, Inc. (PAI) offer a great solution for this unique group of employees.
What Are Fixed Indemnity Medical Plans?
Fixed Indemnity Medical Plans are different from traditional health plans. They provide:
- Immediate Benefits: No need to meet an annual deductible.
- Flat Dollar Amounts: Get a set amount for covered health care services, regardless of provider charges.
Key Features of PAI’s Fixed Indemnity Medical Plans
PAI administered plans come with many advantages:
- No Pre-Existing Condition Limitations: All employees are covered, no matter their health history.
- Variety of Coverage: Employees get access to Wellness Care and Prescription Drug coverage.*
- Outpatient Benefits: Office visits, lab tests, X-rays, emergency room, outpatient surgery, and anesthesiology.
- Inpatient Benefits: Standard and intensive care, inpatient surgery, anesthesiology, and skilled nursing.
Benefits for Employers
These plans are especially beneficial for companies with part-time and hourly workers:
- Cost-Effective: More affordable than traditional health plans.
- Attractive Benefits: Makes a company more appealing to potential employees.
- Simplified Administration: PAI takes the burden off the employer with their administrative expertise.
Benefits for Employees
Part-time and hourly workers often lack good health coverage options. PAI administered Fixed Indemnity Medical Plans provide:
- Immediate Benefits: Members get coverage right away without needing to meet a deductible.
- Predictable Costs: Employees can now find exactly what they’ll get for covered services.
- Supplemental Coverage: Covers a wide range of services to reduce out-of-pocket expenses.
Flexible Plan Designs for Part-Time and hourly Workers
It’s simple: offering health benefits to part-time and hourly employees can help attract and retain talent. PAI administered Fixed Indemnity Medical Plans provide a practical, affordable solution for both employers and employees.