Supplemental Benefits from The Colonial
Supplemental Insurance Division
More and more studies show that health care costs continue to rise in this
country. Many employers are reacting by revising their insurance and benefit offerings to
reflect this trend and compensate for increased costs. What do these changes mean for you?
- 56 percent of employers report that employee contributions
will increase – meaning some employees will take on a greater
proportion of health care costs than they currently pay.
- Nearly three-quarters of employers consider benefit reductions or an increase in
copayments “likely” or “somewhat likely” in the coming twelve months.
How will these possible benefit reductions and increased benefit costs affect your
insurance coverage? What about next year? What changes will it bring? We can’t
predict the future; we can help you prepare for what happens next.
Traditional medical insurance doesn’t cover every expense related to an illness,
injury or death. The bills and expenses continue to add up, especially if you have to stop
working and lose your income. How will you pay the deductibles or copayments and other
increasing medical costs not covered by your employer-sponsored insurance plan?
Supplemental insurance can help you prepare for these and other out-of-pocket expenses.
Most of all, these plans help take the worry away about how you will pay your medical and
other everyday living expenses.
Colonial Supplemental Insurance Division products are offered at the worksite (through
your employer) and features convenient payroll deduction for premium payments. Plus, many
plans can be purchased through a flexible benefits plan allowing you to pay for our
valuable coverage with pretax dollars.
Our coverage is flexible so that you can tailor your supplemental insurance to help meet
your individual needs. And our experienced sales representatives can help you choose the
coverage that is most appropriate for the needs of you and your family.
Paul Revere's Colonial Supplemental Insurance Division coverage can help see you through - for what happens next.
Policies have exclusions and limitations that may affect benefits payable.
For cost and complete details, please see your sales representative.
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