Earlier this month, ArmadaCare attended a conference called Ascend where agency leaders go to discover innovative strategies and resources to differentiate and grow their benefits firm. The conference focuses on helping employee benefits firms Remain relevant Stay independent Become more profitable Achieve more organic growth With these goals in mind, our CEO, Ed Walker, [...]
Medical reimbursement plans, also known as expense reimbursed insurance, have gotten a bad rap as an expensive supplemental option. However, like most things, this statement just isn’t that simple. Let’s look a little deeper. When people think of medical reimbursement plans, they typically think of 1 of 2 things. Health reimbursement accounts: As the [...]
When you talk about executive medical reimbursement plans, also called expense reimbursed insurance, it’s not rare to get questions like, “Is that still allowed,” or “I thought you couldn’t do that anymore?” Let’s tackle those questions and get to the bottom of it. Characteristics of Today’s Reimbursement Plans Fully-insured Supplemental Excepted benefit True gap-filling [...]
For 3 years running, ArmadaCare has received a “best-in-class” Net Promoter Score (NPS). Up 14 full points from our first NPS calculation, our score of +72 once again ranks us with the leading companies in customer satisfaction, like Amazon (+73), Southwest (+62), and Zappos (+57). Scores range from -100 to +100, with scores of +50 [...]
Expense reimbursed medical insurance is a type of employer-paid supplemental benefit that provides broad, additional coverage for out-of-pocket medical expenses in the form of reimbursements up to the specified limit. While you may know about this type of supplemental insurance in theory, it may be harder to know when to use it in practice. [...]
What makes Ultimate Health and our other products so powerful? They can work for companies of all different types and sizes. They can also be layered onto almost any primary healthcare plan, offered to select employee groups as desired by the employer and be written for the first of any month. That’s the beauty [...]
Is Ultimate health a gap plan? It’s a question we hear a lot. Namely because the word “gap” has a lot of ideas attached to it. Similar to the word “supplemental,” when people hear “gap,” their minds typically jump to what are known as worksite voluntary plans, like critical illness or cancer policies. These kinds [...]
December is one of the busiest months of the year in the healthcare insurance industry. Pile all of those added holiday season stressors on top, and you’ve got a recipe for a tense ‘best time of the year.’ That’s why we’ve put together this list of 4 tips to keep your holiday (and busy season) [...]
We say it a lot: Ultimate Health, our premier supplemental healthcare reimbursement product, covers many different types of expenses. But what are some examples? One of our product experts, Rachel, says it best in this video. Take a look to discover the wide array of expenses Ultimate Health can reimburse for. The plan can easily [...]
Today we’re going to cover a commonly confused term in the insurance industry, and that term is supplemental. Misconception A major mistake many people make, brokers and employers alike, is that when they see the word ‘supplemental’, their minds automatically jump to voluntary insurance. But these two terms aren’t interchangeable. All voluntary insurance is supplemental [...]
