Underwritten by: ManhattanLife Insurance and Annuity Company NY - Manhattan Life Insurance Company Administrative Office: 10777 Northwest Freeway, Houston, TX 77092 Toll Free Telephone: 800-669-9030
LOWER THE COST TO THE EMPLOYER - Choose a plan with a higher deductible
Premium for Major Medical Coverage • $1,000 • 150 Employees
$1,131,566
Premium for HDHP
$695,144
Work with your sales associate to craft a GAP plan to offset the deductible PURCHASE A MANHATTANLIFE GAP PLAN
ManhattanLife GAP • $5,000 Inpatient, $2,500 Outpatient • 150 Employees
$176,856
HELP SAVE MONEY FOR EMPLOYERS AND THEIR EMPLOYEES
Major Medical = HDHP + GAP = Annual Savings =
$1,131,566 - $872,000 $259,566
There are real benefits by purchasing a GAP plan on top of a major medical plan
Benefits and riders may vary by state and may not be available in all states. This is not a complete disclosure of plan qualifications and limitations. Please access our website to obtain a completed list for the Out-of-Pocket Protection Plan product at disclosure.manhattanlife.com . Please review this information before applying for coverage. The amounts of benefits provided depend on the plan selected. Premiums will vary according to the selection made. THIS POLICY PROVIDES LIMITED BENEFITS. Policy: M-8019 Do your employees and bottom line a favor. Call your ManhattanLife representative now and receive all of the facts about our Voluntary Benefits Group GAP product! Act now and take advantage of a Gap Plan. According to research published by the Kaiser Family Foundation in 2019, the average cost of employer-sponsored health insurance for annual premiums was $7,188 for single coverage and $20,576 for family coverage. The report also found that the average annual deductible amount for single coverage was $1,655 for covered workers. This example is for illustrative purposes only and not based on specific plans. Source: eHealth; Average Cost of Employer-Sponsored Health Insurance (ehealthinsurance.com)
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