New Supplemental Medical GAP Insurance Cuts Costs, Improves Employee Benefits

July 27, 2010 - PRLog -- July 27, 2010 Beverly Hills, MI   

Michigan based Chelten Benefits Group, a leader in health insurance cost reduction strategies, today announced it is marketing three new supplemental medical “GAP” insurance products available to Employer Health plan groups that help companies cut premium costs, improve benefits without changing major medical carriers!

The strategy for all three products is simple:  Increase the major medical deductible on your existing health insurance plan, and then purchase a medical “GAP” insurance product to fill most deductibles.  The result provides your employees “1st dollar” benefits, while lowering your Company’s total premiums!

Chelten Benefits Group President, Dick Chelten, explains it this way: “This is similar to the strategy Medicare successfully uses today:  Seniors get a basic benefit plan through Medicare, and then are free to supplement their Medicare coverage with additional “Medigap” insurance. Similarly, Employer groups can use the same strategy for their workforce: offer a low cost high deductible plans plus supplemental GAP insurance coverage”

Chelten Benefits Group sells these cost saving GAP plans through licensed Insurance Agents who then offer them to Employer groups across the country.  

Dick Chelten recommends US Health & Life , Standard Life & Accident and Transamerica  policies to fill deductibles up to $10,000, while lowering premiums and improving employee coverage.  “Each product serves a particular plan niche but all solve today’s’ biggest challenge for Employers:  reducing double digit Insurance plan rate increases while providing employees top notch insurance protection.

For more information on products and plan designs, Insurance agents are invited to call Chelten Benefits Group at 248-464-6544 or visit their website at http://www.cheltenbenefitsgroup.com.

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Chelten Benefits Group (CBG) assists Health Insurance Agents nationwide with cutting edge products and creative marketing strategies. CBG helps agents prospect, sell and retain more Employee Benefits clients with money saving strategies while improving employee benefit levels.