Fringe Benefit Group Inc. has added an “expense-incurred” limited medical benefit program backed by a well-known insurer.
Nationwide Life Insurance Company, a unit of Nationwide Mutual Insurance Company, Columbus, Ohio, will underwrite the new Framework Health Plan EI Series plans, according to Fringe Benefit, Austin, Texas.
Fringe Benefit has been offered fixed indemnity limited medical programs for years.
The new, expense-incurred plans behave more like traditional health plans, and they offer features such as a wide variety of co-pays, co-insurance and deductible options, Fringe Benefit says.