Limited Medical

PanaMed is a limited medical benefit plan that pays a fixed benefit amount to help cover the cost of common medical services, such as doctor visits, diagnostic tests and x-rays, hospitalization, accidents, emergency room, surgery, anesthesia, intensive care, wellness services and more. To complement our PanaMed plans we also offer many ancillary benefits to provide the coverage you need.

With today’s escalating healthcare costs, PanaMed limited medical plans provide a healthcare alternative with premiums that are reasonable to both employers and employees. With more than 12,000 plan options, PanaMed is designed to help cover costs of employees’ everyday medical needs at rates your family can afford. PanaMed is a straightforward, easy to understand health plan with clearly defined fixed benefits. Don’t worry about co-pays and deductibles; PanaMed provides you first dollar coverage to minimize your out of pocket expenses. For over a decade, we have provided trusted and quality benefits our members count on.

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HIGHLIGHTS

No Pre-existing conditions, except pregnancy in most states
Benefits are Guaranteed Issue for eligible employees – no medical questions, no underwriting or evidence of insurability during open enrollment
First dollar coverage – no deductibles, no co-pays or co-insurance
Predetermined, fixed indemnity payment amounts for covered events based on schedule of benefits
Access to National PPO Network, resulting in discounted expenses to the insured
Underwritten by Pan-American Life Insurance Company, rated “A” (Excellent) by A.M. Best, and “A” (Strong) by Fitch Ratings Insurance Group
Full Bilingual (English-Spanish) Services

EMPLOYER ADVANTAGES:

Promotes employee retention and recruiting
Minimum participation requirements
Employee benefits are made simple through payroll deductions
Multiple plan choices
Advocacy support for members
Enrollment capabilities (phone, web and on-site)