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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jun 17, 1968
Page
10
Limited enrollment period allows mail enrollment for the Doctors Hospital Plan by Physicians Mutual Insurance Company. Four low-cost options provide weekly cash benefits for hospital stays, with premiums as low as $1 for the first month and no salesmen involved. Coverage includes preexisting conditions after two years with few exceptions.
The document outlines coverage rules for off the job accidents immediate when the policy is active and new illnesses after 30 days. It states maternity benefits on the All- Family Plan after 10 months and pre existing conditions after two years of the policy being in force.
The text describes plans that increase cash benefits by 50 percent for hospitalizations due to cancer heart attack or stroke. It adds double benefits if both spouses are injured and hospitalized and mentions a $350 weekly amount.
The Doctors Hospital Plan advertises an added Health Bank Account feature. On issue, policy grants $10 000 $7 500 or $5 000 based on plan, then monthly premiums are credited to the account while in force and claims reduce the balance. The pitch cites low total sales costs for price advantage.
A new plan from Physicians Mutual promises tax free extra cash if you or a covered family member is hospitalized. It pays in addition to existing insurance, has four plans including All-Family and Individual, and starts coverage the enrollment date with a 10 day refund if you change your mind.
Medicare covers most hospital costs but not all. During this enrollment seniors can obtain extra cash protection with no qualifications via a simple form. The plan claims acceptance regardless of age and low, fixed monthly increases for those 65 and older.
The notice explains a direct policy with a 10 day right of rescission and full refund. It warns enrollments must be postmarked by a specific date due to limited enrollment and urges immediate action to ensure coverage once the form is received.
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