Supplemental Insurance
Supplemental insurance provides an extra level of coverage by helping consumers meet out-of-pocket expenses and other costs not covered by their regular insurance.
Supplemental plans serve as secondary payers, filling in coverage gaps and complementing regular insurance. This mitigates, and in some cases eliminates, costs associated with copays, deductibles and other expenses depending on the extent of coverage of the supplemental insurance.
Supplemental plans can protect against the financial burdens caused by catastrophic illnesses and accidents. For example, a cancer diagnosis: Cancer treatments can be costly on any health plan. Lump sum payments from your supplement coverage can help you afford those treatments. But what about expenses that aren’t medical? Do you have the means to take off work so you can focus on recovery? Is the top-rated facility that specializes in your type of cancer local or is it across the country? Who will pay for a loved one to travel with you, or take off work to help you recover at home? No one should have to choose between surviving financially or surviving physically. Supplemental insurance offers peace of mind at an affordable price.