CoreAssist

A Smarter Safety Net for Today's Healthcare Costs.

The CoreAssist^SM Rider, offered by 5Star Life Insurance Company, serves as a supplemental medical expense (“GAP insurance”) rider for our Group Healthcare Indemnity insurance product, designed to provide benefits to help mitigate out-of-pocket medical expenses associated with covered events under a major medical insurance plan.

Your Shield Against Costly Insurance Gaps.

With the trend of increasing deductibles, greater cost sharing in health insurance premiums and out of pocket expenses that can strain an employee’s ability to cover treatment , CoreAssist provides you with a valuable tool to help support client cost containment strategies while delivering benefits that can help protect the consumer’s financial health and allow them to focus on their care.

Increase Satisfaction with Tailored GAP Coverage.

CoreAssist is customized at the group level, specifically designed to align with major medical plan designs to alleviate out-of-pocket expenses employees may face, including deductibles, co-insurance, and other upfront costs associated with their employer’s major medical plan. By choosing this solution, organizations not only improve employee satisfaction but also strengthen their benefits packages, making themselves more appealing in a competitive job market.

Why You Should Consider CoreAssist:   

Offers simple implementation and enrollment support.

Customizable plan design that can be tailored to include inpatient and outpatient deductible or coinsurance expenses.

Available claims integration with a medical plan third-party administrator can allow for a streamlined consumer experience and on-time payments.

Helps employers manage medical premiums without reducing coverage or passing along greater first-dollar exposure to employees in the form of higher premiums or increased deductibles.

CoreAssist Tackles Key Pain Points:

Rising Medical Costs

Healthcare costs and the premiums on major medical insurance plans continue to rise, overall consumer satisfaction with their experience in receiving care remains largely on the decline.

Lack of Transparency

The medical insurance landscape poses challenges for consumers and professionals because of its complexity and lack of transparency regarding care options and costs. Fragmented systems, confusing processes, and rising premiums leave many feeling overwhelmed.

Consumer Dissatisfaction

Our unique consumer first approach is a strength when looking at these two challenging areas, bringing meaningful benefits and advocacy to assist in the care experience.