Allstate Health Insurance
Although Allstate doesn’t carry health insurance in the literal sense, the company does have supplemental health insurance that is meant to kick in where group or private health insurance leaves off. It is a gap policy that extends coverage to supplement a health insurance policy especially when some of those costs could cause catastrophic financial hardships for the insured.
What are the Most Common Uses for Allstate Supplemental Insurance
Although any number of serious diseases could necessitate supplementing a group or private health insurance policy, statistics show that there is most often a need for supplemental (gap) insurance under certain conditions. The three most common types of Allstate health insurance for supplementing one’s primary health insurance policy are Cancer Insurance, Accident Insurance and Disability Insurance.
Allstate Supplemental Cancer Insurance
Fighting and recovering from cancer is difficult enough without needing to recover financially at the same time from the high cost of in-hospital stays, specialist, chemotherapy, radiation and a great number of other bills that are only partially covered by a primary health insurance policy. Amazingly enough, Allstate health insurance for cancer covers other costs besides doctor, hospital and prescription medication bills. It also covers indirect costs associated with a diagnosis and treatment of cancer such as child care, transportation and even living expenses. Also, there is a optional coverage for stays in the Intensive Care Unit. Many people feel as though a great burden has been lifted off their shoulders because Allstate supplemental health insurance covers much of what their primary coverage does not.
Accident Insurance from Allstate Supplemental Health Insurance
Although you have no way of knowing when and where an accident will occur, the one thing you can do is to protect yourself and your family against exorbitant medical bills that could pile up as a result. Even though many people equate accidents with an automobile accident, this is not the only time injuries would be compensated. Accidents can also mean any time the insured breaks a bone, dislocates a joint, is disabled or even passes away as a result of an accident. This type of supplemental coverage helps to defray the cost of hospital costs, doctor bills, ambulance/paramedics and even certain living expenses during recovery. This policy can be written to cover an individual or a family and is good for an unlimited amount of accidents.
Allstate Health Insurance and Disabilities
Disability insurance is a great coverage under Allstate which adds piece of mind when the insured needs to remain out of work for any length of time. While health insurance and other coverages such as cancer insurance and accident insurance cover the medical bills for the most part, disability insurance kicks in to help cover the cost of living if the insured is unable to work in the event of a serious illness or devastating accident. Allstate disability insurance provides up to 60% of the insured’s paycheck if the insured is injured or unable to work because of illness. A few paychecks might not be missed too much, but when out of work for extended periods of time, that financial loss will surely be felt. Coverage can be obtained from six to 24 months.
Although Allstate supplemental insurance is actually a type of gap policy, it is actually a gap policy for health insurance coverage as opposed to automobile related losses. To get a quote on the various types of coverages, do a quick online search to find which policy offers the best protection for you and your family. There is no way of knowing what tomorrow has in store for you, but Allstate health insurance gap policies can give you the peace of mind that no matter what comes your way you will have the protection you need to offset any devastating costs due to illness or accidents.