PALIC Flyer on Covid-19 Additional Benefits
As the coronavirus continues to spread across the US a lot of people are concerned about how their health insurance is going to cover any claims that occur as the result of Covid-19. New Era and their subsidiary Philadelphia American has been one of our main companies for both Medicare Supplement and under-65 health insurance with their Defined Benefit plans. They recently announced that they will be increasing the benefits to those who test positive for Covid-19. For those who test positive for the virus in April, May or June of 2020 they are waiving the premium, doubling the prescription benefit, doubling the hospital benefit for the first 5 days and increasing the hospital benefit by 50% for the next 25 days. As somone who both sells the policy and carries it for their own personal insurance it is certainly reassuring to see the company step up help out their policy holders in these times.
