FAB Professionals - Health Insurance

Health Insurance

TransChoice® Plus

Health care costs have again become a front-page story. Rising health care costs have begun to reduce the number of employers who offer coverage as well as the number of workers who participate in their employer's health plan. Today, many workers aren't offered health coverage, either because their employer simply doesn't provide the benefit, or because they are ineligible for the coverage their employer does offer.

In fact, millions of Americans - over 46.6 million - lack health insurance today.In great part, the lack of coverage is attributable to the rising cost of premiums, which many employers find too expensive. TransChoice® Plus was designed to help meet the needs of uninsured workers and employers who can't afford the high cost of today's major medical insurance.

CriticalAssistance Select® for Florida

Although critical illness insurance is relatively new in the United States, it has gained a great deal of popularity over the last few years. In the last 20 years, deaths due to critical illnesses have gone down significantly, but disabilities due to those same diseases are up dramatically. People are having to plan on living more so than in the past.

The average life expectancy of people born in the United States has increased to 77.6 years. Although this is good news, the fact remains that as people live longer, there is a greater chance for incurring a serious illness. Further increasing these chances are the current lifestyles most people lead today (stress, alcohol and tobacco use, lack of exercise, etc.).

About every 26 seconds, an American will suffer a coronary event.
Thirty-three percent of all heart attacks occur in people under the age of 65.
One in two men, and one in three women, will develop some form of cancer in their lives.
On average, someone in the United States suffers a stroke every 45 seconds, resulting in more than 700,000 stroke victims in the United States each year.

The good news is that because of advanced medical procedures and medicines, more people survive what once were considered fatal physical conditions. Surviving such a fate often comes with a cost. Recovery is often lengthy and expensive, including loss of personal wages and costs for care and treatment. That's why Transamerica Life Insurance Company is excited to offer Critical Assistance Select® for Florida insurance designed to help ease the burden of unexpected costs that usually accompany major medical conditions costs.

Highlights of Coverage

A lump-sum benefit of $5,000 to $100,000 for initial diagnosis of cancer, heart attack, stroke, or end-stage renal failure.
A lump-sum benefit for major organ transplant surgery, including human heart, lung, liver, kidney or pancreas transplants.
A critical illness screening benefit payment for medical tests designed to detect critical illnesses at an early stage of development.
A choice of family coverage options - One Parent Family (employee and eligible dependent children) and two Parent Family (employee, spouse, and eligible dependent children).

All FAB Professional Members are eligible for TransChoice® Plus and Critical Assistance Select® for Florida insurance. FAB Professionals Salon Memberships and Educational Institution Memberships include all licensed employees.

For more information call us toll free at 866.543.6974.

Insurance products will be marketed through TurnKey Benefit Insurance Services, Inc. and Meljen Insurance Agency LLC. The insurance products and insurance companies will vary depending on the unique needs of each salon or spa and the state where each is located. Coverage of service requested or the use of the specific program may not be available in all states.