As summer months come into view, the sunshine and warmer weather brings an increase of outdoor activities and active lifestyles. Barbecuing, hiking, and outside yard work are all fun and games until someone gets hurt—which is an increasing factor when the sun is out. Adult trauma cases rises 25 to 30 percent in summer months.*
An increase in injuries:
• Bicycling-related injuries
• Burns
• Falls
• Joint injuries
• Lawn mower accidents
• Swimming injuries
Not only can these medical events be painful, but they can be a pain for your wallet without the right coverage. Depending on the injury, treatment and costs can vary greatly. From x-rays and broken bones to ambulance rides and hospital stays, costs can add up very quickly. Even with major medical insurance, costs for medical events can be burdensome:
X-rays Broken Bone Ambulance ride Hospital Stay
$260-$460 $2,500 $224 – $2,204 $10,000
* https://health.costhelper.com
With injuries possibly costing thousands of dollars for hospital bills, surgery, rehab and ongoing treatment, are you able to keep up? Major medical coverage provides a broad umbrella of coverage that will help offset some of these costs, but also typically comes with a deductible and maximum out-of-pocket amounts.
How Supplemental Insurance can help offset costs
Insurance plans that cover specific types of costs above and beyond the benefits typically offered under major medical coverage is considered to be supplemental insurance. They can provide added medical coverage or contribute to paying the costs not covered by a standard health insurance plan. Supplemental health insurance is coverage in addition to a medical plan that is more specific to one particular area of coverage. Plan options include Critical Illness, Accident, hospital, disability, life, dental and more.
Accident Insurance
Accident insurance helps you pay for the medical and/or out-of-pocket costs that you may incur after a covered accidental injury. This may include emergency treatment, hospital stays, and medical exams, and other expenses you may face, such as transportation and lodging needs.
The supplemental protections offered by accident coverage will help to protect your financial future by paying a lump sum benefit that you can use in any way you see fit, rather than forcing you to tap into your savings. Coverage and benefits varies by company and plan.
These lump sums can help cover expenses resulting from your covered accident like:
• Emergency room visits, X-rays, diagnostic exams, physical therapy and follow-up treatment
• Ambulance or air ambulance to a hospital
• Hospital stays, travel or lodging expenses related to your injury
• Non-medical expenses that may follow an accident from taking time off work or staying up to date on bills, like childcare, rent or groceries
National General Accident & Health offers a variety of Accident plans. They’ve also done a good job at explaining how accident plans work. Check out the video below: