Limited Benefits Health Coverage has a Place
A 2003-04 BC/BS of Ohio study stated that 92% of its insured used less than $1,000 of benefits per year. Principal Financial reinforced this by releasing data that showed 82% of its members failed to meet a $500 deductible. Applying these two examples (which are not a representation of your future results), a limited benefits product can provide quality access to basic but often neglected health care services.Source: Worksite Insights Vol. 15 No. 2 May/June 2004