MASA and Securian Financial Join Forces
Masa, known for its top-notch emergency transportation coverage, has formed a strategic alliance with Securian Financial, a well-established leader in insurance and retirement solutions. This partnership aims to expand essential emergency transportation coverage to employees throughout the United States.
Enhancing Group Accident Insurance
This exclusive agreement allows Securian Financial to become the first carrier to include MASA’s comprehensive emergency transportation benefits as a part of its group accident insurance policies. Unlike traditional offerings that may only cover accidents, this new product addresses all healthcare-related emergencies, allowing employees access to crucial ground and air ambulance services.
The Impact of Emergency Transportation Costs
The costs associated with emergency medical transport are significant, with the average expense for ground transport striking around $2,000, and air transport often soaring up to $69,000. This fact leaves many individuals vulnerable to facing unmanageable out-of-pocket expenses when they require immediate medical assistance.
A Commitment to Care
Joe Heaney, President of MASA's Business Group, emphasized the importance of this coverage. He highlighted MASA’s dedication to addressing the initial and most critical phase of medical care—transportation to emergency services. He noted the excitement surrounding this partnership, which brings reassurance and security to families during their most challenging times.
A Solution to Growing Needs
Lydia Jilek, the 2nd Vice President of Securian Financial's group benefits, stated that the partnership is a direct response to the increasing demand for robust employee benefits. By incorporating MASA's capabilities into their offerings, they aim to provide employees with the best protection regarding unexpected medical emergencies.
Support for Benefit Brokers
MASA’s collaboration with Securian Financial also extends to benefit brokers who are keen to offer comprehensive emergency transport solutions to their clients. Brokers can reach out to Securian Financial representatives in their regions to explore these unique insurance offerings, thereby enhancing the value they bring to employers and employees alike.
About MASA
Founded in 1974, MASA has established itself as the leading provider of emergency transportation coverage. With a commitment to enhancing healthcare plans, MASA covers out-of-pocket expenses associated with emergency medical transport, serving over 2 million members across the United States and beyond.
Global Reach
The company's reach extends internationally, with operations in 14 countries and service in all 50 states. MASA provides a wide array of emergency and non-emergency transportation benefits, aiming for worldwide coverage depending on the selected plans. Their mission is to ensure that all members have access to necessary medical transport without financial burdens.
About Securian Financial
Securian Financial has spent over 140 years developing innovative solutions tailored to the diverse needs of individuals, families, and businesses. Their suite of products is available through partners, focusing on meeting the evolving demands of today's society.
Building Secure Tomorrows
Throughout its history, Securian Financial has protected more than 23 million customers across North America. The organization strives to deliver peace of mind and security, helping customers build a solid foundation for their futures.
Frequently Asked Questions
What is the significance of the MASA and Securian Financial partnership?
This partnership enhances employee benefits by providing comprehensive emergency transportation coverage that goes beyond traditional accident insurance.
How does emergency transportation coverage work?
The coverage ensures that employees have access to necessary ambulance services during medical emergencies without incurring significant out-of-pocket costs.
Who will benefit from this partnership?
The new insurance product aims to benefit employees and their families, providing them with peace of mind during critical healthcare situations.
How can benefit brokers get involved?
Benefit brokers can connect with Securian Financial representatives to learn more about offering these enhanced emergency transport benefits to employers.
What is MASA's history in the emergency transport sector?
Founded in 1974, MASA has grown to be a leading provider, serving over 2 million members with vital emergency and non-emergency medical transport benefits.
