Emergency Medical Technicians (EMTs) face various risks on the job. Whether responding to a car accident, assisting someone with a heart attack, or handling a traumatic injury, there’s always a chance of something going wrong. That’s why it’s crucial to have Accident & Health Insurance to ensure financial protection and security in case of an accident.
In this article, we’ll talk about what A&H Insurance covers, how much it generally costs, and why getting one is necessary.
What is A&H Insurance, and what does it cover?
Accident & Health Insurance helps protect individuals, families, and workers from coping with the financial burden of unexpected injuries or illnesses by providing income replacement and many other helpful benefits to help pay for out-of-pocket expenses like groceries, medical deductibles, funeral expenses, mortgage payments, and more.
It’s important to note that Accident & Health Insurance can supplement existing health insurance coverage rather than serve as a substitute for primary medical coverage (minimum essential coverage). Individuals who lack minimum essential coverage may be subject to an additional tax penalty.
What are the benefits of Accident & Health Insurance?
A&H insurance policy offers extensive benefits, which include the following:
- Total disability due to illness: provides financial assistance for individuals who are completely disabled due to an illness and cannot work. The benefit usually involves regular payments until the insured person recovers or reaches the maximum benefit period.
- Total disability due to injury: provides financial support to individuals who become completely disabled due to an injury and cannot work. Like total disability due to injury, this benefit typically provides regular income payments until the insured person recovers or reaches the maximum benefit period.
- Permanent physical impairment rating: calculated based on the severity of the impairment and provides compensation to help cover the long-term financial impact of the injury.
- Family expense benefit: helps cover household and living expenses.
- Education Benefits: helps with the cost of education for a child or dependent if the insured person dies or becomes disabled.
How much does A&H Insurance cost?
Accident & Health (A&H) insurance costs depend on many factors, including the level of coverage, the age and health of the insured individual, and any pre-existing medical conditions.
Other factors that may impact the cost of A&H Insurance include the individual’s occupation, hobbies, lifestyle choices, and the region where they live. Generally, A&H Insurance tends to be more affordable than primary medical coverage. Still, shopping around and comparing policies is essential to find the best coverage at a price that fits your budget.
About Provident Insurance Programs
With roots dating back to 1902, Provident Insurance Programs is a program administrator that serves paid and volunteer firefighters in addition to emergency medical responders with numerous custom-tailored insurance programs. We’ve also extended our expertise and experience to offer benefit plans and coverages to participant groups as well as Transportation Benefits. We are committed to continuing to provide superior customer service, and would be happy to speak with you to provide further information. Give us a call today at (855) 201-8880 to speak with one of our representatives.