While medical debt is severely affecting America’s workforce and posing substantial risks to organizations – many employers lack awareness regarding its impact. These accumulating out-of-pocket expenses and medical deductibles are making it challenging for individuals and families to withstand an unexpected medical event.

Did you know:

• Past due medical bills are the number one source of bankruptcy in the United States, accounting for 2/3 of all cases.
• Over half of Americans cannot afford a $1,000 financial emergency.
• For those who have health insurance through their employer, the average out-of-pocket maximum is $4,415.

 

Introducing Medical Safety Net 

Medical Safety Net is a three-pillar approach designed to safeguard plan members from overwhelming medical debt and potential bankruptcy.

Critical Care Assurance | A group solution tailored for critical illness and hospital indemnity.

Center for Financial Well-Being | Help navigating day-to-day finances.

Future-Proof Savings | High yield cash reserve savings account to promote financial resilience.

Learn more about how your plan can provide support and security for employees in need.

 

Register to save your seat today!