When shopping for visitors insurance, it is extremely important to understand the plan you are purchasing, is it a fixed coverage plan or a comprehensive coverage plan? Fixed coverage plans are also called Scheduled Benefit plans or Limited coverage plans. While a fixed coverage plan costs less, a comprehensive coverage plan provides much better coverage and is highly recommended.Side by side comparison of Fixed & Comprehensive
Fixed Coverage Plans
Fixed coverage plans provide limited coverage and lack certain benefits, as described below:
Benefits: After the deductible, it pays a fixed amount for eligible expenses and you pay the difference.
Cost: The cost is low; coverage offered is limited and insufficient.
Deductible: Deductible is typically either once per incident or per period of coverage.
Out of Pocket Maximum: There is no out of pocket maximum, leaving you at risk.
Policy Maximum: An aggregate maximum limit on benefits that are subject to the sub-limits set in the schedule of benefits.
PPO Network: Most plans do NOT participate in a PPO network. Direct billing depends upon the provider.
Contracted Rates: Plans that do not participate in a PPO network will not have contracted rates.
Providers: Freedom to visit any provider. Benefits are the same no matter which provider you visit.
Travel Coverage: None.
Acute Onset of Pre-Existing Conditions: Provided in many plans. However, benefits are still paid according to the plans schedule of benefits.
Due to above reasons, we always recommend comprehensive coverage plans.Learn More