One of the many privileges that we have as Coloradans is access to some of the best skiing terrain in the world. But no matter how experienced you are on the slopes, skiing and snowboarding come with significant risks that can end up costing you a fortune. Protect yourself with low-cost Colorado Accident plans.
Take an ACL tear, for instance. Colorado health professionals list this as the #1 most common ski hill injury. But if you need a full ACL reconstruction, you could be looking at a bill as high as $50,000.
Colorado Accident Plans are a form of insurance designed to protect you against the cost of an unexpected injury. These low-cost plans pay out a direct cash benefit when you get injured, with a deductible as low as $100.
Even if You Have Health Insurance, a Skiing Accident Will Drain Your Savings Account
These days, more and more people have switched to high-deductible health plans in an effort to bring down monthly costs. While effective, this strategy means that you’re on the hook for a lot more out-of-pocket if you need to use your coverage.
In fact, some health plans have an out-of-pocket responsibility as high as $7,000 for individuals. Is that the kind of money that you have lying around in the couch cushions?
With accident insurance, your deductible drops to only $100, with a monthly premium as low as $25. Your accident coverage pays you a direct cash benefit when you experience an injury, making it easier to meet your deductible.
How Much Do the Plans Pay?
Like other insurance plans, you can choose an accident plan that fits your needs. Coverage can be acquired in $2,500, $5,000, $7,500, and $10,000 levels. The higher the coverage amount, the higher your premium will be.
But no matter which plan you choose, your deductible will still be only $100.
Colorado Accident Plans FAQ [Frequently Asked Questions]
Q: How Much Do the Plans Cost?
A: Typical accident insurance plans can range between $25 and $50 per month, per individual. Like other forms of insurance, plan rates will vary depending on your location and the insurer you choose. In addition, plans with higher coverage ($10,000) will cost more than those with lower coverage ($2,500).
Q: How Much Do Accident Plans Pay if You Get Injured?
A: Most accident plans offer four levels of coverage, which is paid out as a direct cash benefit in case of injury. Plans are available with payouts of:
Q: Do I Need an Accident Plan if I Already Have Health Insurance?
A: Accident plans are a good way to strengthen your high deductible health insurance. They’re not required if you already have insurance, but they can significantly offset your out-of-pocket costs if you ever get injured.
Q: Are Colorado Accident Plans a Scam?
A: Accident insurance is not a scam. These are legitimate, low-cost insurance plans that are designed to help pay your main plan’s deductible.
Q: Are They Worth Owning?
A: Accident insurance is worth it for people who might need help paying their deductible in the case of an unexpected injury. With very low rates and a deductible of only $100, accident insurance is a way to strengthen a high deductible health plan without raising your monthly costs too much.
Q: What do Accident Plans Cover?
A: Accident plans can be used to pay for a multitude of medical needs, including:
- Emergency room treatment
- Ambulance transportation
- Hospital stays
- Medical exams
- Lab work
- Lodging and other incidental costs related to your injury
Don’t Let an Accidental Injury Drain Your Savings Account; Talk to Your Personal Benefits Manager About Low-Cost Colorado Accident Plans
As Coloradans, it’s our great privilege to get out there and enjoy the fresh Rocky Mountain powder. But with this privilege comes an increased chance of injury, no matter how good you are or how long you’ve been riding.
Your Personal Benefits Manager can help you choose an accident plan that is a good fit. Click here to schedule a free consultation, or call 800-701-5909.
Ready to Get Signed Up
Sign up in about 5 minutes, and your coverage will go into effect tomorrow! Simply go to our Accident Insurance Plans page to get started!
Wiley Long is the president of ColoHealth, and has been in the health insurance industry since 1987. He received his master’s degree in nutrition and exercise science at Colorado State University, and is passionate about individual healthcare freedom. Read more about Wiley on his Bio page.