Mini Medical Plans

A Mini-Med is a limited benefit indemnity health insurance plan which can be issued with very few restrictions through age 64. Medical bills are submitted to the insurer for reimbursement up to the limits of the policy.

The Mini-Med policy can be used with any medical provider and is not limited to any specific PPO network. It is commonly used in conjunction with a high deductible major medical policy to help "fill the gap" in coverage. Mini-Med Plans are considered supplemental coverage and are not meant to replace major medical policies.

Most Mini-Med policies include reimbursement for in-patient hospital procedures, surgical benefits, doctor visits, emergency treatment, and life & accident insurance benefits. All allow you to choose your desired level of coverage. Mini-Med plans do not use deductibles or co-pays like standard health insurance plans. Most plans have a 12-month waiting period for pre-existing conditions, including pregnancy.
Mini-Med plans usually include access to doctor and hospital providers at wholesale (discount) pricing through PPO Networks. To receive discounts (pricing adjustments) you must use a provider within the designated network. To receive maximum benefits from a Mini-Med Insurance Policy, always try to use a PPO network provider. The discounted bill can then be submitted to the insurance company for reimbursement. If you do not use a network provider you can still submit the bill for reimbursement, but you will not receive a discount on the bill.

Most Mini-Med plans include access to additional health discounts including dental, vision, prescriptions, plus other benefit options. For employers it can be an inexpensive way to provide employees with healthcare coverage, and the perfect solution just might be a "mini-med" plan. "A mini-med plan is a low-cost healthcare plan for somebody who cannot afford traditional insurance or who is not eligible for major medical insurance, like a part-time or hourly employee. It's not meant to replace a traditional major medical plan; rather it's more of a basic policy. It provides access to day-to-day health care such as going to the doctor or getting a prescription drug. It does provide benefits for hospitalization and surgical, but they're limited. It is not intended to be used as catastrophic coverage.