Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Health Insurance > Health Insurance

Washington State Gets Limited Benefit Product

Your article was successfully shared with the contacts you provided.

Symetra Life Insurance Company has started selling a group indemnity health insurance policy in Washington state.

The Select Benefits limited benefits policy makes fixed payments to insureds who visit the doctor, buy prescription drugs or use urgent care, according to Symetra, Bellevue, Wash.

Washington state just recently adopted a law that permits insurers to offer fixed-payment policies, Symetra says.

Symetra is charging a universal rate for the Select Benefit coverage and imposing no preexisting condition limits.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.