Preparing for Life’s Unexpected Moments

Accidents are unpredictable, but for many, the financial strain that follows can be just as disruptive as the injury itself. As clients look for benefits that address real-life scenarios, expanded and more flexible coverage becomes increasingly important.

Expanded benefits, greater flexibility

Mutual of Omaha’s enhanced accident product reflects this shift to better meet the needs and benefits expectations of employees. With expanded benefits, support for sports related injuries for all insured members and more flexible plan options, employers can help deliver coverage that truly fits their workplace.

Accidents are more common than many realize

Accidents are often thought of as rare events, but in reality, they're a part of everyday life. From slips and falls at home to sports injuries and car accidents, these incidents happen far more frequently than many people realize. For brokers and employers, this presents a growing opportunity — helping clients prepare for an often-overlooked gap in financial protection.

1 in 5

Americans seek medical attention for accident or injury each year¹
26 million

Unintentional injuries account for over 26 million emergency room visits annually²

The financial impact extends beyond the initial injury

While medical coverage plays an essential role, it doesn’t eliminate the financial burden of an accident.

The average cost for an emergency room visit for accidental injury is about $5,800.³

In addition to standard medical costs, employees and their families often face additional financial pressures, including:

Deductibles, copays and coinsurance
Lost income during recovery
Childcare or transportation costs
Everyday household expenses

For many families, additional overlapping costs can create long-term financial stress, especially when these costs occur unexpectedly.

Why accident insurance plays a critical role

Accident insurance is designed to complement medical coverage by providing financial support when it’s needed most. Unlike traditional health insurance, accident insurance provides cash benefits directly to the insured, offering flexibility for how funds are used.

This allows employees to:

Offset out-of-pocket medical costs
Maintain financial stability during recovery
Focus on healing rather than finances

With increasing financial pressures, the demand for supplemental benefits continues to grow. Accident insurance can help strengthen overall benefits packages and support employee financial well-being, making it an important offering for today’s workforce.