Ovation - Services & Supplemental

who we are…who we are…

Daniel LaBroad, President, Ovation Health & Life Services, Inc

A progressive insurance brokerage A progressive insurance brokerage partnering with business owners to partnering with business owners to bring a more secure future to their bring a more secure future to their

employees and themselves.employees and themselves.

A progressive insurance brokerage A progressive insurance brokerage partnering with business owners to partnering with business owners to bring a more secure future to their bring a more secure future to their

employees and themselves.employees and themselves.

OVATION““We’re making people insurance smart with products that makes We’re making people insurance smart with products that makes sense.”sense.”

individual individual

providing a complete insurance package to protect the lifestyle we work so hard to achieve and maintain

brokerbroker

expanding broker product portfolios to increase revenue from existing clients, aid in attracting new clients, and promote a stronger client-broker relationship

businessbusiness

partnering with a business to create a new employee benefit program or to enhance their existing one, while increasing their bottom line

who we are…who we are…

OVATION

unique servicesunique services

on-site employee benefit presentations, enrollments, and personal claim service

complimentary section 125 cafeteria POP plan set-up

employee marketing

chamber of commerce discounts

health coalitions

complete benefit programs offered at no cost to employers

OVATION

products offeredproducts offered

OVATION

HEALTH INSURANCE

DISABILITY

DENTAL

VISION

LIFE

LONG-TERM CARE

DISCOUNT PROGRAMS

CRITICAL ILLNESS

SUPPLEMENTAL

All of these can be offered at no cost to your business.

supplemental policiessupplemental policies

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ACCIDENTAL INJURY

DISABILITY

HOSPITALIZATION

SICKNESS INDEMNITY

HEART ATTACK & STROKE

CANCER

In case of an accident or illness, supplemental policies pay cash benefits directly to you, regardless of any other

insurance you may have.

MED

ICA

L$

BIL

LS

RENT/ MORTGAGECAR PAYMENTUTILITIESLOANSCREDIT CARDSETC.

COPAYSDEDUCTIBLESCO-INSURANCEMISC.

SUPPLEMENTALSUPPLEMENTAL

HEALTHINSURANCE

HEALTHINSURANCE

DOCTORSHOSPITALAMBULANCERx

$$$$

$$$$

LIFE CHARTLIFE CHARTOVATION

benefit to…benefit to…

the employer

seen as good guy

fills in the gaps

no cost

minimum administration

lowers payroll cost, lowers FICA

increases employee retention

the employee

portable

rates guaranteed

affordable

voluntary

cash

protect their assets

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Which is right for me?Which is right for me?

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accidental injuryaccidental injury

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In 2001, about 37% of all hospital emergency room visits in the united States were injury related.1

A fatal injury occurs every 5 minutes, and a disabling injury occurs every 1.5 seconds. 1

There is a death caused by a motor vehicle crash every 12 minutes; there is a disabling auto injury every 14 seconds.1

In the home, there is a fatal injury every 16 minutes and a disabling injury every 4 seconds.1

1 Injury Facts, 2003 Edition, National Safety Council

heart attack & strokeheart attack & stroke

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One in four adults has some form of cardiovascular disease; about 71 million. 1

Coronary artery disease, is a leading cause of premature permanent disability among working adults, costs the US more than $400 billion per year in medical expenses and lost productivity, and is responsible for almost six million hospitalizations each year. 2

1 US Centers for Disease Control (CDC)2 US Department of Health and Human Services, April 2003

cancercancer

OVATION

In the United States, men have a little less than a 1-in-2 lifetime risk of developing cancer; for women, the risk is a little more than 1-in-3. The five year relative survival rate for all cancers combined is 63%.1

More than 1.3 million Americans were diagnosed with cancer in 2003.1

Cancer is the leading cause of medical bills in the United States.2

Medical bills are the leading cause of bankruptcy in the United States.2

63% of all cancer related expenses are not covered by health insurance.1

1 American Cancer Society, Cancer Facts & Figures, 20042 “Illness And Injury As Contributors to Bankruptcy”, David U. Himmelstein, Elizabeth Warren, Deborah Thorne, and Steffie Woolhandler, Harvard Medical Review

disabilitydisability

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Every year, 12% of the adult population suffers a long term disability.1

56% of U.S. adults said they would be unable to pay bills or meet expenses if they became disabled and could not work for six months or longer.3

For the second consecutive year, Americans have had a negative savings rate and are becoming increasingly exposed to financial problems due to insufficient savings.3

At the age of 35, you stand a 50% chance of experiencing a three-month or longer disability before you reach 65. At the age of 45, the figure is 44%.1

Advances in medicine are allowing us to live longer. However, recovery from a serious illness or injury often requires time away from work.

In the last 20 years, deaths due to the big three (cancer, heart attack, and stroke) have gone down significantly. But disabilities due to those same three are up dramatically! Things that used to kill now disable.2

How will you survive “the living death” ?

1 National Safety Council, Injury Facts, 2003 Edition2 National Association of Health Underwirters, 20043 NAIC Press Release, February 28, 2007

what next…what next…

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make a decision to help your employees

choose benefits

sign account set-up and hold-harmless agreement

schedule employee enrollment meetings

presentation and enrollment

set up deductions with payroll

questions & answersquestions & answers

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We look forward to working with you in the We look forward to working with you in the future.future.

““We’re making people insurance smart with products that makes We’re making people insurance smart with products that makes sense.”sense.”