Allstate Health

Allstate Corporation, the parent company of Allstate Health, was founded in 1931 as part of the Sears, Roebuck & Co. group. It began as an automobile insurance provider with the goal of offering affordable coverage to car owners, a growing need at the time. The idea of selling insurance by mail was revolutionary, and Allstate became a pioneer in this space. It wasn’t long before the company expanded into other areas of insurance, including homeowners, life, and eventually health insurance. In 1993, Allstate became an independent publicly traded company, further establishing its reputation as a major player in the insurance industry.

While Allstate is best known for its auto and home insurance, the company also offers a variety of health-related insurance products, including accident, critical illness, and disability coverage. Over the years, Allstate Health has built a strong portfolio aimed at providing financial protection for individuals and families during medical emergencies and other health-related events.

Allstate Health focuses on providing supplemental health insurance products, designed to complement traditional health coverage. Unlike major medical insurance that covers comprehensive healthcare needs, Allstate Health specializes in insurance that pays cash benefits to help policyholders manage the costs associated with accidents, illnesses, and hospitalization.

Key offerings include:

Accident Insurance: This coverage pays benefits to individuals who experience accidental injuries, covering medical expenses, emergency treatment, and recovery costs. The benefits can be used for medical bills, childcare, transportation, or other expenses that arise as a result of an accident.

Critical Illness Insurance: Allstate offers critical illness insurance that provides a lump-sum cash benefit upon the diagnosis of certain severe health conditions such as cancer, heart attack, or stroke. The money can be used for any purpose, including paying for treatments, everyday expenses, or even taking time off work during recovery.

Disability Insurance: Allstate Health provides short-term disability insurance, which helps replace lost income if a policyholder is unable to work due to illness or injury. This coverage is particularly valuable for individuals who do not have long-term disability benefits through their employer.

Medicare Supplement Insurance (Medigap): Allstate does offer Medicare Supplement Insurance, helping to cover the gaps in traditional Medicare. Medigap policies help pay for expenses such as copayments, coinsurance, and deductibles, which can quickly add up for those relying on Medicare alone. This product is ideal for retirees looking to manage their healthcare costs more predictably.

As one of the largest publicly traded insurance companies in the United States, Allstate boasts a strong financial foundation. The company consistently receives high ratings from major credit rating agencies, reflecting its ability to meet policyholder obligations. With billions in revenue and substantial reserves, Allstate has built a solid reputation for stability and reliability. This financial strength is particularly important in the insurance industry, where policyholders need to know their insurer will be able to pay claims, even in difficult economic times.

Allstate's financial success is bolstered by its diversified product portfolio, which includes not only health insurance but also auto, home, life, and business insurance. This broad base of operations allows Allstate to remain resilient in the face of market fluctuations.

The Allstate Name: Allstate was named after a popular tire sold by Sears, Roebuck & Co. The company's founders wanted the insurance company to embody the same reliability and security associated with the Allstate tire brand.

"You're in Good Hands" Slogan: Allstate’s famous slogan, "You're in Good Hands with Allstate," was introduced in the 1950s and is still widely recognized today. It speaks to the company's commitment to providing security and protection to its policyholders.

Innovation in Health Insurance: Allstate Health has leveraged technology to improve customer experiences and enhance the efficiency of claim processing. Policyholders can file claims and access their benefits through mobile apps and online portals, making the insurance process easier and more convenient.

Pros:
Financial Stability: As part of the Allstate Corporation, Allstate Health benefits from the financial strength and stability of its parent company, giving policyholders confidence that claims will be paid promptly and fairly.

Comprehensive Supplemental Insurance Offerings: Allstate Health provides a wide range of supplemental health insurance products, including accident, critical illness, disability, and Medicare Supplement Insurance. This allows individuals to customize their coverage to meet specific health needs.

Strong Brand and Customer Service: Allstate is known for its excellent customer service, with a nationwide network of agents who offer personalized support to policyholders. The company’s long-standing reputation for reliability helps build trust with its customers.

Ease of Use: Allstate Health makes it easy for policyholders to manage their insurance online or through its mobile app, ensuring that claims, policy details, and payments are easily accessible.

Cons:
Limited Coverage for Comprehensive Health Needs: Allstate Health specializes in supplemental insurance, which means it does not offer comprehensive major medical insurance. Policyholders still need to secure primary health insurance through another provider.

Cost of Premiums for Supplemental Products: While supplemental insurance can provide valuable financial protection, the cost of premiums can add up, especially if multiple policies are needed to cover different types of health events.


Allstate Health is a reliable provider of supplemental health insurance products, offering accident, critical illness, disability, and Medicare Supplement Insurance to individuals and families. Its focus on supplemental coverage allows policyholders to receive financial assistance during health-related emergencies, without having to rely solely on traditional medical insurance. Backed by the financial strength of Allstate Corporation, Allstate Health provides stability, strong customer service, and ease of access for policyholders.

The company’s strong reputation, customer service, and customizable insurance options make it a solid choice for those seeking additional protection against life’s uncertainties.



Benefits of Allstate Health Solutions Medicare Supplement plans include:
Year-round enrollment
Immediate coverage beginning the day after enrollment
Competitive rates
A 7% household premium discount for qualifying members
Plans A, F, G, N and High Deductible Plan F are available
Plans F, G, and N are the company's most competitively priced plans
25% off of Standard rates are available.
Medicare Supplement available in all states except for Connecticut, Hawaii, Maine, Massachusetts, New Hampshire, New York, Rhode Island, Vermont, and Washington.
Access to Active & Fit at more than 10,000 gyms
10% off of Senior Dental Plans
Miracle Ear Offering Free Hearing Tests and Hearing Aids start at $695
Hearing Tests at one of Amplifon’s Nationwide Network Facilities at a $75 Copay