Accident plans that offset high deductibles and out-of-pocket costs.
Accident plans are simple supplemental policies built around two kinds of claims: sickness and accident. When a covered event happens, the plan pays cash benefits directly to you, so you can cover deductibles, copays, and other out-of-pocket costs that your major medical plan leaves behind.
Two types of claims
- Accident claims — injuries, fractures, ER visits, urgent care, ambulance
- Sickness claims — covered illnesses that trigger a benefit under the policy
- Pays you cash to use for any expense, medical or otherwise
Why it helps with high deductibles
Many Texas families now carry deductibles of $3,000, $5,000, or more. One trip to the ER or an unexpected injury can quickly become a financial strain. An accident plan fills that gap by paying a set cash benefit based on the covered event, not the final bill.
Premiums are typically affordable — individuals often pay less than a few dollars per day, and family plans are built to fit household budgets.
Accident plans are supplemental, not replacement coverage
These plans do not replace a comprehensive health insurance policy and are not ACA-compliant major medical coverage. They are designed to work alongside your health plan to help with the out-of-pocket costs that come with an accident or covered sickness. Read the policy details carefully and speak with a licensed agent before enrolling.