Anthem Blue Cross and Blue Shield Introduces Three New Supplemental Health Products That Complement Medical Plans

October 15, 2019

Accident, critical illness and hospital indemnity supplemental
health products offer flexibility and financial wellness in times of need

WALLINGFORD, CT – Anthem Blue Cross and Blue Shield (Anthem) now offers voluntary accident, critical illness and hospital indemnity insurance products to complement the medical plans it has been offering in Connecticut for 83 years. These new lines of coverage are designed to provide cash benefits to consumers recovering from an accident or illness to use at their discretion for daily living expenses, such as rent or groceries, which are not covered by major medical.

The new Anthem supplemental products include:

·         Accident insurance provides a fixed lump-sum payment following a covered accidental injury, and related medical services such as emergency room, surgeries or follow-up care.

·         Critical illness insurance provides lump-sum benefits, when specific illnesses are diagnosed including invasive cancer, heart attacks and strokes.

·         Hospital indemnity insurance provides fixed per-day benefits for inpatient hospitalization caused by, or contributed to, an accident or sickness.

“Anthem is committed to creating a simpler, more affordable, and more accessible healthcare experience for consumers,” said Greg Poulakos, President of Anthem’s Life, Disability and Supplemental Health Business. “Financial security plays a role in overall wellness and an unexpected illness or accident can result in a significant financial burden with additional medical and other out-of-pocket expenses, especially if there is a reduction in household income due to not being able to work. Accident, critical illness and hospital indemnity products can help alleviate financial stresses so people can focus on their recovery.”

The effective date for these products is January 1, 2020.

As an added benefit, purchasers of these supplemental products and other Anthem products like Medical, Dental, Vision, Disability and Pharmacy, gain the advantages of Anthem Whole Health Connection®, which coordinates care to promote better health outcomes and productivity, lowers the total cost of care and improves the healthcare experience. Through integration of claims data, consumers who also have an Anthem medical plan can receive pro-active notifications if they have eligible claims that would qualify for a cash payment from the supplemental products.

“By leveraging medical claims data, an integrated offering of products can allow us to contact consumers when they may be eligible for benefits under their supplemental health plan,” said Gary Harger, Senior Director of Supplemental Health & Voluntary Strategy at Anthem. “An advantage of integrated capabilities is that it allows consumers to receive benefits consistently and quickly at a critical time when those funds are needed most.”

For more information on Anthem’s accident, critical illness and hospital indemnity products, visit https://www.specialtybenefits.info/ct.

About Anthem Blue Cross and Blue Shield in Connecticut

Anthem Blue Cross and Blue Shield is the trade name of Anthem Health Plans, Inc. Independent licensee of the Blue Cross and Blue Shield Association. Anthem is a registered trademark of Anthem Insurance Companies, Inc. Additional information about Anthem Blue Cross and Blue Shield in Connecticut is available at www.anthem.com. Also follow us on Twitter at www.twitter.com/AskAnthem or on Facebook at www.facebook.com/AskAnthem.

Media Contact:
Sarah Yeager
sarah.yeager@anthem.com
Ph: (203) 677-8598

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