What is healthcare cash plans?

Healthcare cash plans are insurance products that provide policyholders with a way to claim back costs for various healthcare services, such as dental, optical, and therapy treatments. Unlike traditional health insurance, which typically covers major medical expenses, cash plans reimburse individuals for everyday health-related costs, often up to a specified limit. They are designed to promote preventive care and support members in accessing necessary treatments without incurring significant out-of-pocket expenses. These plans are commonly offered by employers as part of their employee benefits packages.