Picture this: you’re in the middle of a friendly pickup basketball game, going for the game-winning shot. But as you land, an awkward fall changes everything. Suddenly, you’re on your way to the ER with a broken ankle, staring down at the reality of unexpected medical bills.
An X-ray alone can cost upwards of $1,000, depending on where you are and the type of scan (Based on 2024 data from Sidecar Health). This is why accident coverage is an important addition to your primary health insurance. It serves as a financial safety net, helping to cover steep deductibles when unforeseen injuries strike.
Here’s a breakdown of everything you need to know about this coverage option:
Why Consider Accident Coverage?
Accident coverage offers significant benefits that make it a smart addition to your healthcare plan:
1. Budget-Friendly Premiums
Accident coverage plans are designed to be affordable, often costing as little as a few dollars a week. This makes them a cost-effective way to enhance your financial protection without adding a burden to your budget.
2. Helps Cover High Deductibles
Major medical insurance often comes with high deductibles that must be met before coverage kicks in. Accident coverage provides financial assistance for out-of-pocket expenses, arising from emergency room visits, X-rays, and treatment, helping you bridge the gap between treatment and meeting your high deductible..
3. Straightforward Benefits
Accident coverage typically offers a set amount of coverage per injury, giving you quick and direct support for out-of-pocket medical costs when an unexpected accident occurs.
Who Can Benefit from Accident Coverage?
Accident coverage provides supplemental protection that fits a variety of lifestyles. While it’s beneficial for everyone, it’s especially valuable for:
- Families: Kids’ active lifestyles often lead to unexpected bumps and bruises. Accident coverage helps parents manage unexpected out-of-pocket medical expenses with ease.
- Active Individuals: From weekend warriors to fitness enthusiasts, anyone with an active lifestyle can benefit from this extra layer of financial protection.
- High-Deductible Plan Holders: If your health insurance comes with a high deductible, accident coverage can help reduce your financial risk by covering unexpected injury costs.
- Adventure Enthusiasts: Whether you’re into high-risk hobbies like DIY projects, bouldering, or road biking, accident coverage ensures you can keep pursuing your passions without worrying about hefty out-of-pocket medical expenses.
Hooray Health: An Affordable Option
GoTu has partnered with Hooray Health to offer accident coverage. The Sol Lite Plan costs just $15 a month, comes with no deductible, and provides up to $3,000 of coverage per injury. To learn more about this plan for active GoTu users in eligible states, call or text our customer success team at 786-460-2170.
Life is unpredictable, but your finances don’t have to be! Adding an accident plan to your insurance coverage plan ensures you’re prepared for whatever comes your way.
