Golden Rule Insurance Company

Golden Rule Insurance Company was founded in 1940 by Michael Andrew and Mary Rooney and is based in Lawrenceville, Illinois with an additional office in Indianapolis, Indiana. Golden Rule Insurance Company works as a subsidiary of Golden Rule Financial Corporation. This company is a major provider of life insurance, health plans, and annuities for individuals, groups and families. The company’s health insurance portfolio includes copay loans, high deductible and basic plans, health savings account plans for the self-employed, short term medical plans, and Medicare plans.

What Golden Rule Insurance Company Offer?

• • Copay Plans – This plan offer a variety of deductible choices ranging from $500 to $2,500; 80 percent coverage for inpatient and outpatient services after deductible; small copay for routine exams and outpatient drugs; and a selection of optional benefits for maternity and preventive care. This plan is also available for dental and vision discounts. It is for families and individuals interested in copay benefits for routine health care expenses.
• • Health Savings Accounts (HSA) – HSA plan combine lower cost high deductible plans with network discounts and tax advantaged saving accounts. This plan is great for families interested in one annual deductible and savings on monthly premiums. The benefits offered by HSA include: coverage for routine exams and outpatient prescription drugs, dental and vision discounts, inpatient and outpatient coverage, child immunizations, and adult preventive care.
• • High Deductible Plans – This plan give lower premiums to people that are interested to pay a higher percentage of routine health care expenses. High Deductible Plans also give lower cost protection from unexpected illness and accidents.

The two popular Golden Rule High Deductible Plans include:

1. Saver 80 – It is the lowest premium plan. It covers costly outpatient expenses such CT scans and MRIs, hospitals stays, as well as inpatient and outpatient medical or surgical procedures.
2. Plan 100 – This is the Golden Rule best seller. It gives 100 percent of covered expenses once that calendar year deductible is met. In addition, there is no copays and coinsurance.

Golden Rule Insurance Company also offers financial services products such as asset care, which combines life insurance, cash accumulation, and long-term insurance into a single package. Golden Rule Insurance Company’s term life insurance plans include Valuterm. The fixed rates annuities include Wealthbuilder plans.