New Type of Health Insurance Launched at MedSave

April 24, 2004--A new type of low cost limited health insurance plan will debut today at MedSave. “Basic Health Insurance” as the name implies, covers a specific but limited list of common medical expenses like doctors’ visits, lab tests and hospital charges. It is not designed to cover all medical expenses and does not protect from catastrophic bills. This type of coverage is growing in popularity because of its liberal eligibility standards and low price. This coverage provides first dollar protection with no deductibles. Everyone under age 70 is eligible regardless of medical history. Pre-existing conditions are covered after six months. This coverage may be used to overlap and supplement other health insurance or might be used alone as a plan of last resort. The primary advantage is the low cost – usually just a fraction of the cost of traditional health plans.

This plan is available now in about half of the states and more states may approve the plan over the coming months. Independent OnlineAdviser professional enrollment support is also available at MedSave. (Look in the alphabetical listings by state for “Basic Health Insurance”.




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