Supplemental insurance is an additional insurance which provides coverage in excess of your primary insurance policy. For example, Flood Insurance is a supplemental insurance to your homeowners policy which does not cover damage from floods. Or, you might have an Umbrella Liability policy which provides coverage to a higher dollar limit above your auto policy or business policy.
Humana is a medical insurance company. Supplemental insurance refers to add ons to an existing policy. Supplemental insurance can cover deductibles, co-pays and other expenses not covered by a policy.
Yes, supplemental health insurance is worth the cost, assuming that your version of Medicare does not cover all costs, including prescriptions and doctors visits. Supplemental coverage is worth the cost if you feel that your primary insurance is not adequate. If you are satisfied with your existing policy than it may not be worth the cost.
Probably not. Supplemental health insurance is designed to fill holes not covered by major medical insurance plans: deductibles, co-pays, co-insurance, policy limitations, income replacement, and non medical expenses such extra travel, lodging expenses, etc. Major medical insurance is designed to cover your primary need - catastrophic losses associated with a sickness or injury. Supplemental insurance should not be viewed as a replacement to major medical coverage.
If you have questions about your policy you should speak to a representative at your insurance company. For general information try this site: http://healthinsurance.about.com/od/healthinsurancebasics/a/supplemental_insurance.htm
Check your policy. It is usually a supplemental policy to your regular insurance.
"Supplemental inurance provides coverage in areas that most regular insurance policies do not. However, sometimes your regular insurance company will offer optional benefits that you can add onto your policy. What you need to determine is how much your regular insurance will increase and how much you can purchase a supplemental policy for and, obviously, choose the lesser of the two."
The expenses which do not come within the purview of Health Insurance Policy (duly provided in the Mediclaim Policy Prospectus) are called Health Insurance deductibles.
There are several policies that you can purchase an hmo policy from; this is a supplemental insurance polciy that you will get to cover the entire rates.
Now a days there are many Insurance provider companies offering range of medical Insurance policies, like; individual health Insurance policy, family health Insurance policy, group health plans and others. HDFC ERGO is one of the leading health Insurance policy provider, you can check HDFC ERGO's health policies.