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Prepare now for patients with limited benefit plans
As healthcare costs continue to rise, employers are feeling the pressure and are forced to reevaluate the health plans they offer to their staff. Limited benefit plans, which are gaining ground as an attractive option, are touted as an affordable alternative to more comprehensive health insurance plans.
Limited benefit plans often feature deductibles and benefit caps. Why is this significant? Unlike deductibles, which are predictable (occurring each anniversary of the patient's enrollment) and finite, these policies have benefit limits that can crop up at any time.