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Health Insurance Innovations, Inc. Announces ACA Supplement -- Deductible and Gap Protection Plans to Help Americans With High Deductible Health Plans

TAMPA, Fla., Dec. 10, 2014 (GLOBE NEWSWIRE) -- Health Insurance Innovations, Inc., "HII" (Nasdaq:HIIQ), a leading developer and virtual administrator of affordable health insurance plans, ancillary products, and research-driven consumer health insurance plan shopping tools, today announced the launch of ACA Supplement Deductible and Gap Protection Plans to help customers with accident expenses their ACA metal plans may not cover until full deductibles are met, as well as healthcare services not included in ACA coverage.

Across the nation, Americans are choosing individual and family health plan coverage for 2015. Many are choosing on-exchange Bronze and Silver plans. These plans could leave some families responsible for as much as $13,200 in out-of-pocket expenses according to the Healthcare.gov website.

"Many of the people who choose these Bronze and Silver plans are not in a financial position to absorb large out-of-pocket expenses. They may need access to care well before they've met their deductibles and could simply choose to remain untreated. That is why these deductible and gap protection plans are so important," explained Mike Kosloske, CEO of Health Insurance Innovations.

HII's ACA Supplement Deductible and Gap Protection Plans were developed as a supplement to ACA health plans, not as a primary health plan. Alongside enhanced out-of-pocket protections in the case of accidents, these plans include coverage for several categories of medical expenses often not covered in ACA plans including adult dental and vision care, chiropractic care, as well as 24/7 access to U.S. board-certified physicians who can help resolve medical issues via phone.

The ACA Supplement Deductible and Gap Protection Plans can be purchased now from the over sixteen thousand licensed insurance agents who are part of the Health Insurance Innovations distributor network at hiiquote.com.

About Health Insurance Innovations, Inc.

Health Insurance Innovations, Inc. (HII) develops affordable, high-quality health insurance products through partnerships with best-in-class insurance carriers, distributed through licensed insurance agents as plan configurations customized for the individual consumer. These transactions take place via the industry's first virtual administrator, an entirely cloud-based proprietary process —Quote-Buy-Print— providing proof-of-coverage to insured in minutes rather than weeks. HII is a data-driven digital business informed by its consumer division. HII's consumer division includes HealthPocket.com's Research & Data business, the largest repository (of any kind) of health insurance information and HealthPocket.com, the only online resource that offers consumers one-click access to unbiased rankings of all available health-insurance plans. Additional information about HII can be found at hiiquote.com.

CONTACT: MEDIA CONTACT: Mia Erichson Health Insurance Innovations 813.569.6825 merichson@hiiquote.com INVESTOR CONTACT Susan Noonan S.A. Noonan Communications, LLC 212.966.3650 susan@sanoonan.com

Source:Health Insurance Innovations