Supplemental Insurance Plans are a great way to minimize your out of pocket expenses in the event that a major medical situation occurs. These plans are designed to fill in the gap that is left from your main health insurance plan’s Deductible and Co-Insurance. These plans generally provide cash benefits for a variety of different situations which typically include Accidental Injuries, Critical illnesses such as Cancer, Heart Attack, Stroke, Major Organ Transplants, Paralysis, and much more.
– For example, if your main health insurance plan has a deductible of $5,000 and you have to go to the hospital due to a major injury or illness, you’ll be responsible for paying the first $5,000 before your main health insurance kicks in.
- In this same situation, if you also have an accidental injury and/or critical illness plan in place that has a $5,000 benefit, it will cover that deductible for you which eliminates you from having to pay that $5,000 yourself.
The Supplemental Insurance Plan carriers that we contract with are: