BCS Financial Announces EssentialCare Group Hospital Indemnity Product

Product Provides Affordable Solution to Protect Against Rising Costs of Hospital Stay

OAKBROOK TERRACE, Ill., Sept. 10, 2018 – BCS Financial announces today a new hospital indemnity product available to help consumers pay for out-of-pocket medical expenses related to hospitalization. The product, underwritten by BCS Insurance Company, is now available in 37 states.

“Over the last 10 years, we’ve seen health insurance costs and deductibles rising faster than consumer wages, creating significant gaps in the affordability of care,” said BCS Financial Senior Vice President, Marketing, Product and Strategic Ventures, James Drew. “EssentialCare Group Hospital Indemnity coverage solves for these benefit gaps by protecting the financial wellness of healthcare consumers in the event of a hospitalization.”

EssentialCare Group Hospital Indemnity includes 39 benefits types that can be tailored to complement any underlying major medical or supplemental coverage an employer may offer. Employers can select benefit durations, benefit amounts and a wide range of optional coverages, including HSA compatibility. Other key plan features include:
• Guaranteed issue coverage
• No network or coordination of benefits
• Flexible plans with available benefits such as hospital admission, inpatient, outpatient, diagnostics services, transportation, family lodging, and dependent adult and pet care
• Fixed payments made directly to the member to spend as they choose

“When a hospitalization occurs, the focus should be on recovery, not finances,” Drew said. “EssentialCare Group Hospital Indemnity helps reduce the burden of medical bills associated with a hospital stay and adds to our portfolio of accessible and affordable ancillary product solutions.”

EssentialCare Group Hospital Indemnity is underwritten by BCS Insurance Company, and available exclusively through BCS brokers and the BCS Insurance Agency. To learn more about BCS Financial, visit bcsf.com.

About BCS Financial Corporation
BCS Financial Corporation has more than 70 years of experience delivering a wide-range of insurance and financial
solutions for Blue Cross and Blue Shield organizations nationwide. Through its subsidiaries, BCS Insurance Company
and 4 Ever Life Insurance Company, BCS is licensed in all 50 states and is rated A- (Excellent) by A.M. Best. BCS
Financial is headquartered in Oakbrook Terrace, Ill. Learn more at bcsf.com.

About EssentialCare Group Hospital Indemnity
EssentialCare Group Hospital Indemnity Insurance is a limited benefit group insurance policy. The policy is not
intended to be a substitute for medical coverage. Certain states may require the insured to have medical coverage to
enroll. The policy or its provisions may vary or be unavailable in some states. Certain exclusions, limitations and terms
may apply. There is a preexisting condition limitation, and insurance may be subject to benefit reductions beginning at
age 65. For complete details of availability, coverage, and benefits, please refer to the policy certificate or contact BCS.
EssentialCare Group Hospital Indemnity Insurance is pending regulatory approval in certain states. Benefits are
underwritten by BCS Insurance Company, OH (Administrative Offices: Oakbrook Terrace, IL).

For more information, please contact Nathan Post at 630.472.7860.

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