Introducing the New Bridge Plan
The Bridge Plan, a major medical insurance platform catering to U.S. residents awaiting Medicare eligibility, was developed in 1991 by Petersen International. It has faithfully served as the go-to gap healthcare product for persons aged 60 years and older who are not yet eligible for Medicare or who have missed their Medicare enrollment window. The product has also been the perfect solution for those who have immigrated to the U.S. and have yet to establish residency or have been permanent residents for fewer than five years and are still not eligible for Medicare.
But as the medical insurance industry has so rapidly evolved in recent years, so have the healthcare needs of those living in the United States. Thus, Petersen International has given the mighty Bridge Plan a substantial makeover.
As was before, there are no co-pay requirements, and the plan touts robust benefits that simulate Medicare protection platforms Part A and Part B. Part A covers hospitalization expenses including standard hospitalization, hospice facilities, skilled nursing facilities and home healthcare. Part B covers physician and surgeon expenses including in-patient and out-patient services as well as ancillary benefits for supplies, therapy and ambulance transportation expenses.
But the new Bridge Plan has been reconfigured to be more beneficial, friendly and attractive to the consumer. The plan now has no coinsurance requirement, and the 90 day maximum term of insurance has been extended to 364 days at which time the client may reapply for a new policy period. Most importantly, we have added a highly-regarded PPO network to the plan which can provide hefty discounts and savings for incurred eligible expenses. The Bridge Plan now offers in-network and out-of-network options to insured persons so they can be covered while being treated by any physician or at any medical facility in the country.
Furthermore, we have significantly increased the allowable maximum benefit for all age groups, including benefits up to $1,000,000 for persons in their sixties.
All of these new remarkable benefits and service options are being made available to your clients without breaking the bank. The new Bridge Plan premiums have remained quite inexpensive considering the incredible service platforms being offered. The pricing structure has now been divided into Platinum, Gold, Silver and Bronze plan types, each providing a different maximum benefit and deductible level to best match a client’s benefit needs and budget.
To receive the new product brochure and to hear more about the new Bridge Plan, its benefits, services and pricing, please contact our medical insurance department at (800)345-8816.