Allstate Benefits Setting New Standard in Critical Illness Policies
Updated: Sep 29, 2020
All Critical Illness policies are more or less the same, right? That’s kind of what we thought until we partnered up with Allstate Benefits and added their critical illness policy to our platform. This policy isn’t your typical critical illness policy with restrictions, caveats and wait periods. This unique policy offers coverage focused on helping the employee who is making the claim, and their family, as they navigate the new reality of living with their illness. While other critical illness plans are designed to deny claims, Allstate’s critical illness policy is designed to get claims paid and support the employee when they need it the most.
Ok, so what is ACTUALLY different?
There are a number of highlights that set the Allstate policy apart that may be worthwhile enough to consider a switch! With no pre-existing conditions clause, the employee’s medical history will not be considered to determine if they will be covered. Most plans on the market today include a standard 24-24 policy for a pre-existing condition, which means if there is an illness within 24 months of the date of coverage, the provider will look into the employee’s medical history 24 months prior from the date of coverage. If there is an indication of illness, symptoms, or treatment that is directly or indirectly related to the claim then it can be denied.
Allstate Benefits are changing the way that critical illness claims are paid out. By setting the standard with no pre-existing conditions clause and eliminating other red tape and restrictions within a policy, they are making the adjudication process a simple one. While other critical illness policies can take several months to sift through the details of a claim, Allstate is paying out claims within 2-4 business days. They simply need to verify that the illness has occurred.
Did we mention the easy block price and that it is the only fully electronic enrolment process available in the market? Allstate makes the entire process seamless and simple, right from the beginning.
Ready to make the switch yet?
Other insurance companies are more concerned about the paperwork and the process when claims are made – not Allstate. Their priority is the wellness of the employee. When an employee and their family are dealing with a critical illness, there is a lot of stress, a lot of confusion, and uncertainty. Allstate offers a Nurse Navigation concierge service, available through Medisys in Canada, and PinnacleCare in the US, to provide much needed help and guidance to the employee and their family. The Nurse Navigation service provides guidance on getting a second opinion, booking appointments with other doctors and specialists, and helping the employee to understand their diagnosis.
If you need even more proof that Allstate is more concerned about the employee and not the paperwork, consider their survival period clause. While other insurance companies require that the employee must survive their illness for 30 days before their claim can be paid, Allstate does not have a survival period. This means that the employee’s claim will be paid even if the employee does not survive their illness.
But…what about the kids?
With Allstate, the kids are alright! Both the single and family plans automatically include dependent children. While other carriers typically charge for dependents to be included, Allstate is including them for free through myHSA.
No matter what anyone says, no one can ever really be prepared for a critical illness diagnosis. From having to deal with appointments, tests, medications and being focused on the road to recovery, stress levels can be at an all-time high for employees and their families. Having critical illness coverage with Allstate Benefits takes some of that stress away with financial support, as well as advisory services to help the employee make the best decisions possible to take control of their health.