What type of business is it good for?
Employers
- Employers with highly fluid workforces experiencing high turnover
- Employers with hourly and variable pay employees
Association groups
Overview
Dynamic voluntary benefit products
Supplements high deductible health plans
Administration made simple
Visits to the hospital or a diagnosis of an illness create medical costs that can really add up even if your clients have traditional health insurance. So imagine how it could affect the millions of people that either cannot afford, or are not eligible for, health care through their respective employers. Limited benefit medical plans, or supplemental insurance, can help ease the financial burden of medical expenses for full- and part-time employees. Even though these benefit plans do not offer comprehensive medical coverage, they can help pay for medical costs related to accidents, illnesses, hospital visits and more, including deductibles and out-of-pocket expenses. Supplemental insurance also helps employers create a competitive benefits package that attracts and retains employees. Our innovative supplemental insurance solutions are offered through the Ternian Insurance Group, a subsidiary of AXIS Capital. Ternian combines insurance products, self-funded programs and related services to create a portfolio of limited benefit programs.
To learn more, visit ternian.com.
Solutions
Solution
AXIS Accidental Death & Dismemberment Insurance
Solution
AXIS Accident Medical Expense Insurance
Solution
AXIS Critical Illness Insurance
Solution
AXIS Dental/Vision Insurance
Solution
AXIS Hospital Indemnity Insurance
Solution
AXIS Short-Term Disability Insurance
Capabilities
Optional Benefits & Services
Benefits
- Wellness visits
- Outpatient lab/X-ray
- Surgery
- Anesthesia
Services
- Telemedicine
- Prescription discount services
- Employee assistance programs
Target classes
Association groups
- Professional and trade associations
- "Bonafide" association groups
- 1099 contractor groups
Employers
- High turnover employee groups
- Hourly, part-time, seasonal employer groups
- Employers with high deductible health plans
U.S. insurance coverage is underwritten by AXIS Insurance Company. Coverage is subject to exclusions and limitations, and may not be available in all U.S. states and jurisdictions. Product availability and plan design features, including eligibility
requirements, descriptions of benefits, exclusions or limitations may vary depending on local country or U.S. state laws. Full terms and conditions of coverage, including effective dates of coverage, benefits, limitations, and exclusions, are
set forth in the policy.
THIS INSURANCE PROVIDES LIMITED BENEFITS. LIMITED BENEFITS PLANS ARE INSURANCE PRODUCTS WITH REDUCED BENEFITS AND ARE NOT INTENDED TO BE AN ALTERNATIVE TO OR INTEGRATED WITH COMPREHENSIVE COVERAGE. FURTHER, THIS INSURANCE DOES NOT
COORDINATE WITH ANY OTHER INSURANCE PLAN. IT DOES NOT PROVIDE MAJOR MEDICAL OR COMPREHENSIVE MEDICAL COVERAGE AND IS NOT DESIGNED TO REPLACE MAJOR MEDICAL INSURANCE. THIS INSURANCE IS NOT MINIMUM ESSENTIAL BENEFITS AS SET FORTH UNDER THE PATIENT
PROTECTION AND AFFORDABLE CARE ACT. IF YOU DON'T HAVE MINIMUM ESSENTIAL COVERAGE, YOU MAY OWE ADDITIONAL PAYMENT WITH YOUR TAXES.
Documents
Documents
AXIS Supplemental Health Insurance Appetite Guide
Experienced and efficient claims management
Close Collaboration
Between Claims, Underwriting & Distribution Partners
Our approach to claims resolution is simple: we put the client first. Our highly skilled claims specialists work diligently to provide superior service and support. We are able to effectively resolve claims when clients need us. Our team is highly experienced and specializes in managing third-party administrator relationships.
Learn more about claims
