Aflac has launched a new Aflac plus rider to alleviate the financial challenges consumers face – increasing deductibles, copayments, and out-of-pocket maximums on their major medical insurance. The company said that it was designed to enhance an individual's coverage on a new or an existing voluntary accident, hospital, or disability plan.
With the Aflac plus rider, policyholders will be able to reduce out-of-pocket expenses associated with serious accidents and illnesses such as heart attacks, strokes, diabetes, traumatic brain injury, sustained multiple sclerosis, advanced Alzheimer's disease, advanced Parkinson's disease, and many more, Aflac said.
The Aflac plus rider provides cash benefits with the freedom to spend it as policyholders see fit if they experience a serious health event. Cash benefits can be used to help with their medical expenses or everyday living expenses. And, the rider is guaranteed-issue, which means there are no underwriting questions.
“There's no substitute for being prepared for the unexpected,” said J. Keith Pellerin, vice president of product management and innovation at Aflac. “We created the Aflac plus rider, a rider that fits most budgets, because people are in need of additional layer of coverage when life-changing events happen and things like car payments, utility bills, and mortgage payments still need to be made.”
Learn more: www.aflac.com.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].