OpHealth Insurance Products

OpHealth is a general agency which offers an array of supplemental insurance products.  Review the following for more details about what OpHealth can offer your company.

Hospital Indemnity

Health insurance pays for specific medical services after deductible or copayment amounts are satisfied. By contrast, hospital indemnity insurance triggers payments when specific events occur.

A type of supplemental insurance, hospital indemnity plans pay out when a policyholder files a claim for a covered medical event, entitling them to receive a certain amount against the policy.

This plan provides lump sum benefits for healthcare professional consultations, health risk assessments, hospital confinement and ambulance rides. The benefits are paid directly to you or your designee.

Permanent Life Insurance

Permanent life insurance provides lifelong protection, and the ability to accumulate cash value. Unlike term insurance, a permanent life insurance policy will remain in force for as long as you continue to pay your premiums.

Why would someone need coverage for an extended period of time? Because contrary to what a lot of people think, the need for life insurance often persists long after the kids have graduated college or the mortgage has been paid off. If you died the day after your youngest child graduated from college, your spouse would still be faced with daily living expenses. Would your financial plan, without life insurance, enable your spouse to maintain the lifestyle you worked so hard to achieve? And would you be able to pass on something to your children or grandchildren?

Term Life Insurance

Term life insurance is the most affordable way to protect your family’s financial security if something happens to you. It replaces your income in the event of your death, and ensures that the ones who depend on you can support themselves financially in your absence. Healthy men and women in their mid thirties and forties can buy hundreds of thousands of dollars of coverage for under a dollar a day.

Term life insurance provides coverage for a specific period of time. You can generally buy term life insurance for periods of five years or more, and your policy is active until that period passes, so you only pay for it as long as you need it.

Critical Illness Insurance

Critical illness insurance is an insurance product in which the insurer is contracted to make a lump sum cash payment if the policyholder is diagnosed with one of the specific conditions listed on the schedule of benefits.

The policy may require the policyholder to survive a minimum number of days (the survival period) from when the illness was first diagnosed. The survival period used varies from company to company.

Accident Insurance

Accident Insurance helps you handle the medical and out-of-pocket costs that add up after an accidental injury. This includes emergency treatment, hospital stays and medical exams, and other expenses you may face, such as transportation and lodging needs.

Accidents happen to all of us. And, whether it’s a broken bone, a sprain, a car accident, or an allergic reaction to a bee sting, meeting the costs for treatment and recovery after an injury can be challenging. An affordable accident insurance policy can help you pay for the expenses that are not fully covered by your major medical insurance.

Contact us today to determine the best insurance for you or your clients.  We have a number of different plans to choose from.

Short Term Disability Insurance

Everyday illnesses or injuries can interfere with your ability to work. Even a few weeks away from work can make it difficult to manage household costs. Short term disability insurance can protect your financial well-being by replacing lost wages if an illness or injury prevents you from working. Some employers offer disability insurance plans. If your employer does not offer this coverage, or if you are self-employed, you can buy personal disability insurance.

Short term disability insurance provides coverage for a limited amount of time. You receive benefits after a short waiting period of up to 14 days. You are then covered for the length of time specified in your policy, which can be from several months up to one year.

Your policy will also indicate a maximum coverage amount. You will receive benefits until you exceed the policy’s specified time limit or maximum coverage amount, or until you recover.

Cancer Insurance

As supplemental medical coverage, cancer insurance typically costs about $20 to $40 per month and will pay the cost of those expenses medical insurance typically doesn’t cover. Out-of-pocket medical costs — such as co-payments, co-insurance or deductibles — are increasing, creating a gap that patients must bridge before medical insurance takes over.

Cancer insurance also covers expenses a typical medical insurance plan won’t pick up. For instance, it may cover you if you seek care outside your health plan’s provider network. It also may cover transportation to and from the hospital and pay your mortgage if you can’t work while undergoing treatment. For people who are diagnosed with late-stage cancer, it may cover experimental treatments that typically aren’t covered by standard health insurance.

Telemedicine

Today the telemedicine field is changing faster than ever before. As technology advances at exponential levels, so does the widespread affordability and accessibility to basic telemedicine tools. For example, not only do we now have the technology for live video telemedicine, but much of the U.S. population has experience using online videochat apps (like Skype or Facetime), and access to a computer or mobile device to use them.

This expectation for more convenient care, combined with the unavailability of many overburdened medical professionals (especially primary care providers) has led to the rise of telemedicine services. Many offer patients 24/7 access to medical care with an on-call doctor contracted by that company. Others offer hospitals and larger health centers access to extra clinical staff and specialists, for outsourcing of special cases (common model among teleradiology companies).