Picture the scene. A couple is joyously awaiting the birth of their first child. As the weeks pass, excitement begins to build as they set up the nursery and start making lists of baby names. But underneath the thrill of being first time parents, financial worries begin to creep in. Hospital bills loom large on the horizon. How much will the health insurance policy cover? How much will the out-of-pocket costs be?
Hospital Stays Strain Even the Healthiest Budget
With today’s high deductible health plans, even a short stay in the hospital can have a major impact on your finances. High deductible plans are popular because the monthly premiums can be significantly lower than other plans. But true to their name, the deductibles are often so high they can strain even the healthiest budget.
Help Fill in the Gaps. Eliminate the Worry.
TMA Insurance Trust understands that being hospitalized is stressful enough without worrying about bills piling up back home. That’s why we want you to know that any TMA member under age 65 is entitled to supplemental hospital insurance to help fill the gaps in your employer or individual health insurance. The plan pays you a daily cash benefit that can be used to help pay for deductibles, copays, prescriptions, and other expenses.
If you are a TMA member over age 65, talk to one of our advisors about how to supplement your Medicare benefits and protect yourself from out of pocket costs.
Protect Yourself and Your Family
If you, your spouse, or your children are hospitalized, the plan will pay you up to $250 per day for up to 365 days, starting from the first day of inpatient hospitalization. Whether you are having a baby, or your child is having an appendectomy, this supplemental hospital plan will protect each of you.
Unlike health insurance, this money is paid directly to you, not to the hospital or your health care providers. Therefore, the cash is yours to use as you see fit. If you wish, you can even use it for non-medical expenses such as childcare, groceries, transportation, utilities, and other bills.
If you are a TMA member under the age of 65, you are guaranteed acceptance in this plan regardless of your health. There are no medical questions, no health exam, and no waiting period.* Your TMA membership automatically entitles you to this valuable protection.
Furthermore, the coverage is also portable. As long as you remain a TMA member, you can take this coverage with you even if you switch jobs or move out of state.
TMA Insurance Trust has negotiated this valuable benefit to help members keep more of their hard-earned dollars. A variety of coverage levels are available. Contact one of our advisors to enroll in the plan that is right for you and your family. The protection you need is just a call or click away.
For over 60 years, TMA Insurance Trust advisors have been serving Texas physicians, their families and staff. TMA Insurance Trust prides itself on offering unbiased information and strategies to members, along with exclusive group rates on a range of the highest-rated plans in the industry.