Transamerica's Ultimate Health

Ultimate Health is a fully-insured, non-contributory limited benefits and supplemental healthcare reimbursement plan underwritten by Transamerica. Suitable for any size and type of company, this next generation executive medical reimbursement plan can be added onto virtually any group primary medical plan at any month of the year. As an excepted benefit, this plan isn't subject to Affordable Care Act mandates. Also, the non-discrimination rules currently do not impact offering the plan to key employees (at least 3) who help grow and sustain the business.

Value to Employers:

  • Help reward, retain and attract key personnel who drive your business
  • Help improve your negotiating power when conducting talent searches
  • Add a highly-desired benefit that costs your company less-but has more out-of-pocket value-than a bonus, to defend top talent against encroaching competitors*
  • Provides coverage and services that are designed specifically to support executive health and wellness

Value to Employees:

  • Accomplish the same goals as yesterday's "100% plans" with coverage for all types of out-of-pocket healthcare expenses
  • Have a better solution when health accounts, such as HSAs or FSAs, aren't available or enough
  • Gain versatile coverage that has the ability to ebb and flow with your family's life and health stage needs as they change
  • Save time with conveniences that cater to busy lifestyles: a swipe-and-go Prescription Visa® Card, direct deposit reimbursements and an online claims portal and mobile app

Plan Benefits:

  • Reimbursement for out-of-pocket expenses such as co-pays, co-insurance and deductibles (for both in- and out-of-network)
  • Coverage for medical, dental, vision, prescription and virtually all 213(d) expenses-even high-end items, like designer prescription frames, LASIK and adult braces
  • Robust coverage up to $50,000 or $100,000 annual family benefit maximum, depending on plan level

Strength and Stability:

To bring this innovative coverage to market, Transamerica partners with ArmadaCare, Ultimate Health's Managing General Underwriter who owns, distributes and administers the plan.

Ultimate Health is underwritten by Transamerica Financial Life Insurance Company (TFLIC), Harrison, NY, and Transamerica Premier Life Insurance Company (TPLIC), Cedar Rapids, IA. TFLIC is authorized to conduct business in New York. TPLIC is authorized to conduct business in all other states. Ultimate Health is available in all states except CT, KS, MT, NH, NJ, NM, TN, VT and WA; FL is pending.

Transamerica Financial Life Insurance Company and Transamerica Premier Life Insurance Company are both rated by A. M. Best as A+ (Superior, 2nd out of 16 categories) for financial strength as of 6/24/16.

*This is not local, state or federal tax advice. This material has been prepared for informational purposes only, and is not intended to provide, nor should it be relied on for, tax advice. Each person and company is unique with their own facts and circumstances. It is recommended that you seek the independent counsel of a professional tax advisor

Insurance plans and coverage may vary by state. Detailed coverage and exclusions and limitations are listed in the Certificate of Insurance.

The emergency travel program, TopDoc Connect and executive physical coordination services are provided by ArmadaCare's designated providers and subject to specific terms, conditions, limitations and exclusions.