Health insurance is an important necessity and a fact of life. Unfortunately, so are the deductibles and out-of-pocket costs that go along with it. In an unexpected medical event , those deductibles and costs can quickly drain your savings.
There is a solution, though. Supplemental Medical Insurance, also known as “Gap Insurance” can close that gap between your health insurance and your deductible. Metal Gap plans are bundled health insurance benefits that can cover the cost of your deductible in the event of an accident, hospitalization or critical illness.
The benefits from a Metal Gap plan are paid directly to you, so you can use it to pay for your health plan’s deductible or other out-of-pocket medical costs, or you can use it for everyday expenses such as your rent or mortgage.
It’s important to note that this is supplemental insurance, and you will still need a regular health insurance plan to meet the Obamacare/ACA requirements. Just like your regular health insurance plan, Metal Gap is a guaranteed-issue supplemental insurance plan, meaning you cannot be turned down for coverage based on your health history.
Metal Gap 2 is underwritten by Standard Security Life Insurance Company of NY (SSL), a member of The IHC Group. SSL is rated A- (Excellent) for financial strength by A.M. Best Company Inc., a widely recognized rating agency that rates insurance companies on their relative financial strength and ability to meet policyholder obligations. (An A++ rating from A.M. Best is its highest rating.)
To apply for Metal Gap Insurance, click on one of the links below. For questions or more information, download this informational PDF, and then send us an email at [email protected] or call one of our Individual Insurance Specialists at 303-721-1145.