You are not obligated to any contracts with us so you can cancel your plan at any time. Please keep in mind though that as soon as you cancel, your plan becomes ineffective immediately upon termination. Also, if you cancel after using our Accident Forgiveness service, you cannot re-enroll again until the same date of your use of our service starts on the next calendar year. You will also have to pay an enrollment fee again when you are allowed to re-enroll. This means if you received any sort of discount or special offering at the time of your original enrollment, we cannot guarantee that same discount will apply when requesting to re-enroll. These rules are in place to avoid people cancelling and re-enrolling to get another use before it is allowed or feeling like they can cancel after our service and bypass the normal process if they decide to re-enroll later.
Depending upon our current offerings, there is usually a one-time setup or enrollment fee associated with purchasing an American Savers Club Upgraded Membership. You will always see the fee at the time of purchase before any transaction takes place and if an agent is setting you up with the plan, they will always discuss this fee with you prior to getting your approval for purchase. Sometimes we have discounts and specials going that can assist with this fee. In order to learn more about potential discounts, you would need to speak to an agent who can walk you through the plans and discuss this with you further at the time of purchase.
Enrollment fees help ensure that we are covering the costs associated with our Accident Forgiveness Service, especially when situations happen where a customer happens to have an accident shortly after purchasing a plan. It also to retain members who think they cancel right after using our help and then re-enroll later when a new calendar year starts without any obligations. Remember, even with an enrollment fee, monthly payment, and processing fee; in the event of an accident, you will still save tons of money! We are talking hundreds of dollars versus thousands of dollars! To see an example of what you could save, see our “How Am I Saving with an Upgraded Membership?”
Contact your agent today to learn more about any current specials we might be offering on enrollment if you are having any concerns. If you do not have an agent, call us at 1-800-750-7581 and one will be appointed to you. We are here to help!
What If I Bought a Discounted Medical Savings Plan and Want to Cancel only my American Savers Club Membership?
If at the time of purchase of an American Savers Club Upgraded Membership you also took advantage of our discount offering for a Medical Savings Plan, congratulations! Both Plans are unique and incredibily useful. However, if after having both plans you decide you really like the Medical Savings Plan, but no longer want the American Savers Club Membership, then you must notfiy American Savers Club that you wish to cancel. Once that cancellation is complete, you will have to begin paying the full non-discounted price of the Medical Savings Plan you wish to keep moving forward, effective immediately.
In order to learn more about the standard prices of the plans at Medical Savings Plan, visit www.medicalsavingsplan.com. Remember, in order t get the $10/mo discount on a Medical Savings Plan, you must upgrade to an American Savers Club Accident Forgiveness plan through via the discount selection. If you are confused about the purchasing process, please have your agent assist you or reach out to us directly at 1-800-750-7581 to have an agent appointed to you!
This is an important question and one we truly love to address because once we give an example, people see for themselves just how much sense it makes to have this type of service available to them and their family.
Let’s say you have a deductible of $5,000 and you sustain an injury from an accident well before meeting your deductible for the year. After all of the medical bills come in, they total out to $3,800 and you are only $200 into your health plans deductible. Instead of paying that $3,800, you could pay us a $250 processing fee and we will take care of the rest. Your amount will be negotiated, paid, and absorbed by us! This means that even if you bought a family plan at 39.95 and it is month 12 of the plan (39.95 x 12 = 479.40) and you pay us $250 to assist, you have still only ended up spending 729.40 to American Savers Club that entire year and you can kiss that $3,800 bill goodbye, guaranteed! What do you prefer, paying $479.40 broken down into manageable monthly payments over the course of the year with a once time fee of $250, or having to pay $3,800 that you don’t have so that you can avoid collections and protect your credit score?
There are many more examples we can give you, but the bottom line is that our plans are so affordable and provide such peace of mind that they are worth every penny. It’s a service you never want to use, but that you don’t want to waste time worrying about it happening.