For employers and employees, healthcare costs continue to skyrocket. At the same time, major medical plan costs continue to rise. High Deductible Health Plans (HDHP) in particular can’t completely account for those unexpected expenses like emergency room visits or major surgeries. ManhattanLife Group GAP takes up where major medical leaves off.
A Simple and Powerful Budgeting Tool
Designed to seamlessly complement an employer medical plan, our GAP program is a powerful tool for reducing out-of-pocket costs associated with high deductibles, co-insurance and/or doctor co-pays. Part of our Voluntary Benefits product line, GAP offers competitive employee and family benefits that are easy to understand and even easier to customize for your clients.
Uniquely Compelling Flexibility
Designed to seamlessly complement an employer medical plan, our GAP program comes with a range of unique riders. Plans are available with employee- and/or employer-paid options, with age-banded or composite rates, and also cover outpatient prescription drugs, ambulance and doctor office visits.
Customize Coverage
Base plans can include inpatient benefits only or combine inpatient and outpatient benefits.
Inpatient Benefits
Covers inpatient hospital stays, inpatient surgeries and physician’s inpatient charges if these expenses are covered under the insured’s medical plan.
Benefits are determined by the employer based on the employer’s major medical plan. Available coverage amounts:
$500, $1,000, $1,250, $1,500, $2,000, $2,500, $3,000, $3,175, $3,500, $4,000, $4,500, $5,000, $5,500, $6,000, $6,350, $6,500, $7,000, $7,500
Outpatient Benefits
Coverage includes outpatient treatment of injury and sickness. Treatment must be performed in an emergency room, urgent care facility, free-standing facility, ambulatory surgical center and/or outpatient hospital facility.
Available coverage amounts, as determined by a percentage (up to %100) of the Inpatient Benefits, are:
$250, $300, $350, $400, $450, $500, $600, $700, $750, $800, $900, $1,000, $1,100, $1,200, $1,250, $1,300, $1,400, $1,500, $1,600, $1,700, $1,750, $1,800, $1,900, $2,000, $2,100, $2,200, $2,250, $2,300, $2,400, $2,500, $3,000, $3,175, $3,500, $4,000, $4,500, $5,000, $5,500, $6,000, $6,350, $6,500, $7,000, $7,500
Group GAP is the newest enhancement to ManhattanLife’s extensive suite of supplemental health products. Fully customizable to work with employer medical plans, GAP reduces the burden associated with escalating deductibles and other out-of-pocket expenses. Along with our Voluntary Accident Reimbursement, Accident Indemnity, Hospital Indemnity, Short Term Disability and Critical Illness offerings, GAP is another powerful safeguard against increasing medical costs.
Dan Robson, Senior Vice President, Chief Sales Officer
Independent and Reliable
Privately held since 1850, ManhattanLife has always stood by its word and by our partners. Continually earning the trust associated with our name, we strive to provide the products our policyholders need to sustain health, wealth and security.
Close the GAP
Group GAP is now available for quoting in approved states. For more information on selling ManhattanLife GAP Insurance, contact your sales representative or complete the form below.
Benefits and riders may vary by state and may not be available in all states. This policy is not portable. This is not a complete disclosure of plan qualifications and limitations. Please access our website to obtain a completed list for the Workplace Voluntary Benefit products at www.manhattanlife.com. Please review this information before applying for coverage. The amount of benefits provided depends on the plan selected. Premiums will vary according to the selection made. THIS POLICY PROVIDES LIMITED BENEFITS.
