Empire Life Launches New Extended Healthcare Policy Protection Plan (EP3)
Posted Date: October 22, 2012
The Empire Life Insurance Company (Empire Life) today introduced new healthcare pooling arrangements to protect group benefit customers who face high cost claims from prescription drugs and medical services. Watch our short video to learn more.
The Empire Life healthcare pooling arrangements, which include the EP3 and supplementary Large Amount Pooling (LAP), provide flexibility and choice to customers.
Product features include:
- Choice of thresholds, which allows group customers the flexibility to manage their benefit plan costs according to their risk tolerance and budget
- Inclusion of all extended health care benefits, not just drug claims
- Large Amount Pooling (LAP) for customers who may be ineligible for the EP3, or who may have certain claim costs that are not eligible for the EP3
Changes in the drug landscape make pooling more important than ever.