Every 10 minutes, more than 700 Americans suffer an injury severe enough to seek medical attention. (1) Accident insurance helps employees pay the associated expenses with an accidental injury where the major medical insurance left off (employees out-of-pocket expenses) or in the absence of major medical coverage.
Accident Insurance provides employees with cash benefits paid directly to them to help assist with the financial out-of-pocket costs that incur after an accidental injury. Benefits include the accidental injury along with related expenses such as medical bills, hospital stays, emergency care and even transportation and lodging associated with the accidental injury and related medical care required. Group accident insurance is generally 100% employee paid and at no cost to the employer (voluntary), but the employer can contribute to the premium if they choose. Coverage is available for employee, spouse and dependents.
(1) National Safety Council, Injury Facts, 2014