Major Medical Insurance
Major medical insurance is available through Thrivent Financial representatives in states where Thrivent Financial has brokerage arrangements. Depending on the brokerage agreement in your state, the following major medical products may be available.
Individual Major Medical Insurance
This comprehensive health coverage offers many of the valuable features found in group plans such as:- Dental coverage.
- Prescription drug card.
- Maternity coverage.
- Physician and hospital preferred provider organization options.
A flexible design allows coverage to be customized to meet most health care needs and budgets. Family and child-only benefits are also available.
Individual major medical insurance is ideal if you are:
- Self-employed.
- Not covered by a group plan.
- An early retiree.
- A part-time employee.
- Not employed or actively seeking employment.
Short-term Major Medical Insurance
This plan provides health insurance for people who are between permanent health plans and have a temporary need for medical insurance.Short-term medical insurance could be a good option for you if you are:
- Unemployed.
- Waiting for group coverage to begin.
- A recent college graduate.
- No longer qualified as a dependent under family coverage.
- Waiting for underwriting approval for an insurance plan.
High-deductible Plan Insurance
This plan provides major medical coverage for self-employed individuals and employees of a company with 50 or fewer employees not covered under a major medical plan.
If you're self-employed, the high deductible plan can be paired with a Medical Savings Account (MSA) to be federally qualified. MSA contributions can be used to pay qualified medical expenses and can be applied toward the plan deductible and coinsurance.
Generally, if MSA contributions are made by an individual taxpayer, the MSA contributions are tax-deductible. If made by a small employer, MSA contributions are excluded from the employee's income.
You might be a candidate for the high-deductible plan if you are a self-employed individual or, you work for a company with 50 or fewer employees not covered under a major medical plan, and:
- You want control of your health care dollars.
- You are seeking to invest and earn interest in an MSA.
Contact a Thrivent Financial representative to see if our major medical insurance plans are available in your state.
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