Accident Medical Expense vs A Fixed Accident Scheduled Indemnity Plan

As a broker, it is essential for you to understand the difference between Accident Medical Expense reimbursement and Scheduled Indemnity plans. This detailed comparison explores various claims scenarios to demonstrate how each type of accident plan works. 

Policy benefits described herein are supplement health insurance and are NOT a substitute for major medical or other comprehensive health insurance coverages. Policyholders must attest that they, and any other individual for whom they are purchasing coverage, have minimum and essential major medical coverage as required by the Affordable Care Act.