Assurant Life is a nationwide health insurance provider operating in the individual, family and small group marketplace. They are best known for their consumer health coverage. Assurant offers several health packages to choose from with varying benefits, deductibles, and coinsurance options.
Benefits offered will vary depending on the state where the prospective insured resides. In most states, two health savings account plans and three traditional plans are offered.
High deductible, catastrophic plans are very affordable for consumers on a tight budget. Additionally, monthly rates will be locked in for two years when a high deductible plan is selected. The SaveRight PPO HSA and the RightStart PPO are good choices for those who want basic coverage at a competitive price.
The MaxPlan, CoreMed Plan and One Deductible PPO HSA are better options for those who desire more comprehensive coverage. Naturally, these three plans are more expensive, but will offer comprehensive coverage should the insured have a claim. Doctor’s office co-payments and prescription drug coverage are offered with the MaxPlan and CoreMed Plan. Consumers also have several benefit options available including preventive care, dental and vision coverage, first dollar accident benefits, and/or a rx drug discount card.
A competitive niche for Assurant Life is their maternity plans. Consumers can select a maternity specific deductible ranging from $1,000 to $10,000 (with most plans in most states). The deductible will not be subject to the overall health insurance deductible. This way, the insured can tailor the medical coverage to fit their needs.
The waiting period to conceive is only three months in most states. This is very reasonable wait when compared to coverage offered from most other carriers. Like all health insurance companies, this rider cannot be purchased if the proposed insured is already pregnant.
Health Network Options
Assurant is also unique in how the networks are structured. Typically, consumers can select from four or five networks in their state. Some networks are nationwide while others are regional. With several to choose from, it is not difficult to find a network that includes a desired doctor or hospital. Additionally, clients can change networks while the policy is in force. This is advantageous for those who are moving from state to state or need the services of a new doctor or hospital.
In summary, Assurant is a reputable health carrier offering both catastrophic and comprehensive plans to the public. Those who desire maternity coverage and/or robust network options should consider their offerings. Working through an experienced agent, consumers can enroll in a suitable plan for themselves, their family, or their small business.