Markel Basic Health insurance is designed for the 26 million working Americans who do not have health insurance. It is not intended to replace Major Medical, but it does provide a meaningful level or benefits for those without coverage at an affordable rate for both employer and employee.
It is a limited medical plan that directly reimburses employees a fixed amount for the medical services they use most, such as doctors’ office visits, emergency room visits, diagnostic testing, surgery, and hospitalization.
Markel Basic Health Insurance Selling Points
- Affordable premiums.
- Employer can choose from six plans or have a plan customized for them.
- Low participation requirements.
- No industries excluded.
- No health questions or underwriting.
- Includes child wellness benefits and an 18-month survivor benefit.
- Employer chooses eligibility classes.
- Simpler scheduled benefit “chassis” than mini-med plans.
- No deductibles or coinsurance.
- Employer group product approved in 37 states.
- “A” rated carrier, Markel Insurance Company.