FlexiCare

FlexiCare - lts Aims

This flexible plan lets you choose a level of care while in hospital, that will give you peace of mind and fits comfortably with your budget. FlexiCare is a personal healthcare insurance plan that can be bought up to the age of 64. Flexicare is from the New BAF Lifestyles series.

 

FlexiCare - How It Works

The reimbursement of hospital expenses paid to you by FlexiCare depends on the amount of benefit you purchase. For example, if your cover is $200 per day, this is the amount you will receive. You must pay any costs that exceed that amount. If however, your expenses are less than 50% of the limit you have selected, BAF will pay you 50% of your policy limit.

The money you spend is returned to you on presentation of a receipt proving surgery or for the days you have spent in hospital. BAF will pay directly to you the amount of money that matches the level of cover you have chosen when taking out your plan. Even though you may be covered by a group plan with your employer, FlexiCare gives you cash in hand to cover any other additional costs associated with your stay in hospital. This may be extra care you have received, child-rearing costs, or even to spend on a holiday to help you recuperate.

FlexiCare lets you choose any amount of cover for each of these three categories:

• Hospital Daily Benefit
• Surgical Expense Benefit
• In-Hospital Doctors' Visits   

FlexiCare - Your Commitment

You agree to pay a regular level monthly payment (this can be paid automatically), that can be renewed annually by BAF. Premium rates will vary for men and women and the age which the policy is issued. Though unlikely, BAF reserves the right to change your premium at any time in the future.

FlexiCare – The Benefits

 

• All insured persons are eligible for one medical checkup per year and would receive reimbursement up to $100.00 per visit
• Females - Covered females age 40 and over are eligible for reimbursement of actual charge up to $115.00 for mammogram testing once per calendar year
• Males - Covered males age 40 and over are eligible for reimbursement of actual charges up to $65.00 for PSA testing once per calendar year
• daily hospital benefit for up to 365 days of confinement per illness
• double the daily benefit for up to 30 days while in intensive care
• surgical benefit base on a modern Relative Value Schedule up to a maximum of $19,000 depending on the surgical procedure
• anesthetist benefit equal to 25% of the surgical benefit
• attending physician benefit for doctor's visits while hospitalized
• Maternity benefit equal to 10 times the daily hospital benefit (15 times for caesarian delivery), provided the policyholder has been insured for at least 9 months at time of delivery
• premiums are waived if hospitalized for more than 30 days, but no longer than 365 days
• benefits continue beyond age 65
• benefits levels are tripled for cancer treatment
• up to $12,000 is paid for prescriptions, radio and chemotherapy prescriptions for cancer treatment
• up to 5 times the daily hospital benefit for emergency medical treatment for accidental injuries
• up to 3 times the daily hospital benefit for x-rays, MRI's CAT scans, renal dialysis or physical therapy
• each policy comes with an exclusive Preferred Discount lD card that brings special benefits lo the owner of this plan

For further information about this and other products in the NEW Bahamian Lifestyles Series, please contact your British American Lifestyles agent. Your agent will be please to review your life insurance cover periodically to ensure it continues to be appropriate to your circumstances.