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Nationwide Underwrites Limited Benefit Program

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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.

Nationwide will start by writing coverage in 20 states. It hopes to be writing the coverage in more states by the end of the year, Fringe Benefit says.

Nationwide and Fringe Benefit will sell the product both through Nationwide agents and through independent agents to groups with 50 or more employees.

The plan design includes coverage for inpatient care, outpatient care, physician office visits, diagnostic services, surgical benefits and wellness benefits.

Enrollees have access to the First Health Network and can get a certificate of credible coverage.