This program provides LIMITS and BENEFITS primarily focusing on BASIC COSTS with “no” major medical. However, for those having concerns about a large claim you can also purchase separate CATASTROPHE coverage under another insurance plan.
The intent of a Mini-Med Insurance Program is to permit the Business Owner, for a very low premium, to offer a Health Insurance program that will pay for routine doctor visits, checkups, and diagnostic procedures, on a GUARANTEED ISSUE, basis with no deductible or any pre-existing condition limits.
MINI-MEDICAL plan premiums can be 60% to 75% lower than premiums for traditional, fully insured major medical health coverage. Employers need only pay 25% of the cost.
F. Darrell Lindsey