News from the companies of ManhattanLife
ManhattanLife is happy to announce significant enhancements to the Outpatient Benefits and the Emergency and Urgent Care visit benefits.
The Fixed Indemnity market is robust and Affordable Choice and ManhattanLife are responsible for the marketplace being more viable than ever. Despite challenging circumstances this year, our Affordable Choice sales are on track for a record-breaking year.
And why shouldn’t they be:
Over the past few years we have significantly upgraded the product with:
Today, I am happy to announce significant enhancements to our Outpatient Benefits and our Emergency and Urgent Care visit benefits.
Let’s start with a Before and After for ER and UC. Our prior version allowed one visit per year and a benefit amount ranging from $125-$375 depending on the plan. Our new version breaks out ER and UC with two ER visits allowed at $250 for Elite series and one visit for $250 for our Classic plans.
Urgent Care now has four visits at $250 for Elite plans and two visits for $250 for Classic. A nice upgrade.
Emergency Room or Urgent Care
(Per day/limit of 1 daily benefit per calendar year)
The Outpatient Benefits (Preventative, Laboratory and Radiology have substantial upgrades as shown in the chart below.
Up to $300
Up to $600
Up to $100
Other Lab Services
Up to $50
Up to $25
Up to $75
Up to $500
Up to $700
Up to $250
Up to $200
Up to $150
Outpatient Benefits CY Max
Up to $3,000
Up to $8,000
Emergency Room (ER)
$375 1 CY Max
$250 w/2 CY Max
Urgent Care (UC)
$250 w/4 CY Max
And the good news keeps on coming…the Calendar Year Maximums have also been increased:
Outpatient Benefits Calendar Year Maximum
Prior CY Max
New CY Max
As of today, we have 14 state approvals and 14 additional states filed. The approved states include:
Alabama, Arizona, Arkansas, Georgia, Illinois, Michigan, Nevada, North Carolina, Louisiana, Oklahoma, Texas, West Virginia, Wisconsin and Wyoming.
What’s Next, You Ask, and When Can I Get Access to the New Benefits?
The New brochures, application and agent guide will be available via the Agent Sales portal (online) beginning Tuesday, September 8st. In the approved states, our ManhattanDirect quoting tool will reflect new benefits and new premiums. The states that are not yet approved will still be available with all the prior, notable enhancements. We will notify you when new states are added.
Also, please note that existing clients wishing to change to one of the newly approved plans can do so at the policy year anniversary.
Our Marketing Team is ready to assist you with any questions. It’s a phone call away at 888-441-0770.
Please stay safe and as we head closer to the fourth quarter I wish you nothing but success. As always, your business is most appreciated.
All the Best,
As you may be aware, we recently announced some significant enhancements to two of our signature products – Affordable Choice and Dental, Vision & Hearing.
The latest Affordable Choice Enhancements from ManhattanLife! See how we're bringing more value to our fixed hospital indemnity insurance.
As the insurance market changes, we work to keep our product portfolio relevant, robust, and competitive. We stay focused on how to best meet the emerging needs of our insureds and keep them in mind whether we design a new product or enhance an existing one.
ManhattanLife Assurance Company of America (MAC) has signed a definitive agreement to acquire the Workplace Voluntary Benefits (WVB) and Financial Protection Plan (FPP) lines of business from Humana Inc.
The Advantage Series is Group Coverage Designed for Small to Mid-Sized Businesses. Choose between stock, turnkey coverage or take a more customized approach. We're accepting quotes now! Effective dates for all policies written will be March 1, 2022.