First Chicago Insurance Company Introduces its Short Term Major Medical Plan In Illinois and Iowa
First Chicago Insurance Company's Short Term Major Medical plan provides an affordable solution for those in need of comprehensive health care coverage.
BEDFORD PARK, Ill., Jan. 28, 2020 /PRNewswire-PRWeb/ -- First Chicago Insurance Company (First Chicago) recently received authorization to offer its Short Term Major Medical (STMM) plan in the states of Illinois and Iowa. This year, First Chicago is celebrating a century of service with the launch of its centennial anniversary campaign, Cheers to 100 Years!
"This is a pivotal year for First Chicago. One hundred years ago, the visionaries who created First Chicago had a simple goal in mind – to offer reliable insurance at a fair price. A century later, our mission hasn't changed. In fact, it has expanded. First Chicago continues to launch new insurance products in the states we currently do business, as well additional states throughout the Midwest," said Mike Rosenstein, President of First Chicago.
First Chicago's STMM plan is ideal for those in search of a temporary, affordable solution to health insurance, such as individuals and families in between group or individual major medical coverage or waiting for the next Open Enrollment Period, those who cannot afford the high cost of a COBRA plan, those priced out of the ACA individual health insurance market, and young adults no longer covered by their parent's plan.
First Chicago - Illinois STMM Plan Highlights:
- Eligible to anyone up to 65 years old, including dependent children ages two to 26 years old.
- Lifetime maximum benefits up to $1 million with deductibles between $500 and $10,000.
- Visit any doctor or any hospital, including access to the PHCS PPO Network.
- Covers prescription drugs, home health care, laboratory services, and more.
- Coverage available up to a 6 months plan.
First Chicago Iowa STMM Plan Highlights:
- Eligible to anyone up to 65 years old, including dependent children ages two to 26 years old.
- Lifetime maximum benefits up to $1 million with deductibles between $500 and $10,000.
- Visit any doctor or any hospital, including access to the PHCS PPO Network.
- Covers prescription drugs, home health care, laboratory services, and more.
- Preventative and wellness services provided after the policy has been active for 180 days.
- Coverage available up to a 364 day plan.
First Chicago's STMM plan and its features may not be available in all states. Certain limitations and exclusions may apply, please refer to the policy for complete details. For more information regarding First Chicago's STMM plan, please contact your independent insurance agent. Consumers can also visit the company website http://www.FirstChicagoInsurance.com or call 1-888-262-8864. Independent insurance agents that would like more information about First Chicago should contact our marketing department at [email protected], 708-552-4400, option 8.
About First Chicago Insurance Company
First Chicago Insurance Company (First Chicago), whose roots trace back to 1920, is celebrating their 100th anniversary. Over the timespan, First Chicago has evolved into a multi-line insurance carrier, now offering General Liability, Workers' Compensation and writing various classes of Commercial Auto, in response to the needs of the commercial segment. In personal lines, First Chicago has responded to the changing exposures and needs of their independent producers by adding niche insurance products such as Contents PLUS Renters and Transportation Network Coverage to enhance their personal lines auto offerings. First Chicago currently offers insurance via independent agencies and online throughout Illinois, Indiana, Iowa, Kansas, Louisiana, Missouri, Pennsylvania, and Wisconsin. Headquartered in Bedford Park, First Chicago is located at 6640 S. Cicero, Ave., Bedford Park, IL 60638. 1-888-262-8864. http://www.FirstChicagoInsurance.com
SOURCE First Chicago Insurance Company
Share this article