Blue Cross and Blue Shield of Georgia now offers employer-sponsored voluntary accident, critical illness and hospital indemnity insurance products, for effective dates beginning Jan. 1, 2019.These new lines of coverage are designed to provide lump sum cash benefits to consumers recovering from an accident or illness to help pay for daily living expenses – like rent, groceries or car payments – that are not covered by major medical.
 
The new BCBSGa supplemental products, all of which offer funds that can be allocated to cover medical or non-medical expenses, include:
 
·         Accident insurance provides a fixed lump-sum payment following a covered accidental injury, and related medical services such as emergency room, surgeries or follow-up care.

·         Critical illness insurance provides lump-sum benefits, when specific illnesses are diagnosed including invasive cancer, heart attacks and strokes.

·         Hospital indemnity insurance provides fixed per-day benefits for inpatient hospitalization caused by, or contributed to, an accident or sickness.
 
“Blue Cross and Blue Shield of Georgia is committed to creating a simpler, more affordable, and more accessible healthcare experience for consumers,” said Greg Poulakos, President of Anthem’s Life, Disability and Supplemental Health Business. “Financial security plays a role in overall wellness and an unexpected illness or accident can result in a significant financial burden with additional medical and other out-of-pocket expenses, especially if there is a reduction in household income due to not being able to work. Accident, critical illness and hospital indemnity products can help alleviate financial stresses so people can focus on their recovery.”
 
As an added benefit, purchasers of these supplemental products and other BCBSGa products like Medical, Dental, Vision, Disability and Pharmacy, gain the advantages of Anthem Whole Health ConnectionSM, which coordinates care to promote better health outcomes and productivity, lowers the total cost of care and improves the healthcare experience. Through integration of claims data, consumers who also have other BCBSGa medical plans can be identified to receive pro-active notifications if they have claims that might be eligible for a cash payment from the supplemental products.
 
“By leveraging medical claims data, an integrated offering of products can allow us to contact consumers when they may be eligible for benefits under their supplemental health plan,” said Michael Prendes, Director of Specialty Product Management at BCBSGa. “An advantage of integrated capabilities is that it allows consumers to receive benefits consistently and quickly at a critical time when those funds are needed most.”