American Public Life Insurance Company

LIMITED BENEFIT/GAP PLANS
Limited Medical Plans (sometimes called Mini-Med plans) offer viable low-cost alternatives for people not purchasing comprehensive major medical insurance. Where major medical plans pay based upon the charged claims amount, most Limited Medical Plans pay based upon a fixed benefit indemnity amount when various services are incurred, such as:

• Physician Office Visits
• Outpatient Lab & X-Ray Tests
• Hospital In-Patient Stays
• Critical Illness Incidents
• Prescriptions- Discount Card, or Restricted Rx Benefit

These products are currently most popular with clients that do not have other medical coverage. On a group basis, they provide lesser coverage to full-time, part-time, entry-level employees and any other employee who cannot afford or is not eligible for the employer's traditional major medical plan. They are an inexpensive way to provide some health insurance coverage and security for their employees.

When purchased by individuals, Limited Benefits also serve as a reasonable alternative to medical insurance. 

Many groups and individuals use small versions of Limited Medical benefits as a Gap Plan to support higher-deductible catastrophic insurance.

AMERICAN PUBLIC LIFE
American Public Life (APL), with administrative offices in Jackson, Mississippi, was founded in 1945. The company is currently licensed to transact business in 48 states, DC and Guam. After a successful fifty-five years in business, the Board of Directors unanimously approved the sale of the company in July of 2000. APL then became a member of the American Fidelity Group. American Fidelity Assurance Company is a well respected carrier with over $3 billion in assets and an A.M. Best rating of A+.

For many years American Public Life has focused on Worksite Marketing. The company offers a variety of Limited Medical and Gap plans, allowing a participant to choose the plan with benefits and premiums that suit the individual need and budget of the employee. The history has enabled the company to develop support and service systems that are specifically directed toward handling this unique type of business. APL has earned a reputation of prompt and effective administration and service to its group and individual policyholders.

APL provides coverage for thousands of employees of school systems, city governments, county and parish governments, state governments and of course commercial businesses.

PRODUCTS
APL’s Medlink product is intended to provide reimbursement for costs related to deductibles and co-insurance/co-payments not paid by the primary underlying medical plan.

This reimbursement plan targets groups with five or more participating employees. Gap plans offer a solution to financially draining out-of-pocket health costs created by co-payments, deductibles and co-insurance expenses incurred during in-hospital and outpatient visits.  Simple administration includes:

• Assignment of benefits direct to provider
• ID card for each employee
• No medical underwriting

See a sample of APL’s product details at our specialist support team’s site.

For full product support contact BenefitMall’s Limited Medical support team at AlterNet Benefits (Mike@AlterNetBenefits.com, or 303-679-9600), or contact your Sales Representative.