Jason's rider was a well-known plan but an older generation one. It covered panel doctors well but had almost no protection for non-panel specialists. His stop-loss was low, his co-insurance was uncapped off panel, and he had not updated his plan since his company stopped subsidising it five years ago. His critical illness plan, bought when he was 32, was sized for a younger man with a smaller mortgage. His family's combined critical illness exposure had grown significantly since then.
What we didWe walked through his hospital bill line by line so he understood exactly what happened and why. We then looked at the current rider landscape and identified what a current generation plan would have paid for the same admission. We restructured his shield coverage and reviewed his critical illness plan in the context of his actual financial obligations today.
Where he is nowJason now understands his coverage properly, possibly for the first time. He said the health scare was frightening enough. The bill should not have been the second fright.
A plan that looked right ten years ago may not look right today. Life changes faster than most policies get reviewed.
Your situation
If you have not reviewed your shield plan in a while, it is worth checking what you are actually covered for.
Worth a conversation