answersLogoWhite

0

Learn About Supplemental Health Insurance

Updated: 9/16/2019
User Avatar

Wiki User

12y ago

Best Answer

Supplemental health insurance is important because many standard health insurance policies leave the insured open to large expenses. One cover with supplemental insurance, the insured have a way of covering expensive deductibles and out-of-pocket limits. Also, supplemental policies offer additional benefits such as cash payments while the insured is hospitalized. These policies usually clearly state maximum benefit amounts and hey benefits directly to the insured rather than to a third-party. These insurance policies are often offered through employer benefit options, but can also be purchased either directly or through an insurance agent or broker.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Learn About Supplemental Health Insurance
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How does supplemental health insurance work?

At this site you can find a wealth of information on all different aspects of supplemental health insurance, including articles about what it is and how it works: http://www.ehow.com/supplemental-health-insurance/


What companies offer supplemental Medicare health insurance?

There are many agents that offer supplemental Medicare health insurance. They vary state by state. Some are Cobra Health Plans, Humana, Longevity Supplemental, and Netquote.com.


What exactly does supplemental health insurance supplement?

Supplemental health insurance supplements organ transplants, life threatening illness care; including cancer, and several other things that regular health insurance does not cover.


Do you have to be a member of AARP to get United Supplemental health Insurance?

No, you do not.


What is supplemental health insurance?

As the name suggests, supplemental insurance works in combination with other insurance and it's not for everyone. Supplemental health Insurance is an insurance for situations involving a critical condition or illness, there are policies that offer to help pay out-of-pocket expenses for heart attacks, strokes, heart surgeries, cancer and other illnesses. In short supplemental health insurance policies provide you with money to pay for some of the expenses not covered by major medical insurance.


Why do you need supplemental health insurance?

You need supplemental health insurance because it is a more specific plan of health insurance where monetary denominations are given for procedures rather than generic. They are also easier to understand, stable and more affordable.


What is the best supplemental health insurance provider for a single-parent family in Rhode Island?

There are several supplemental health insurance providers in Rhode Island. The correct insurance is dependent on you family needs and the family budget.


What is supplemental health insurance and what are the benefits of having it?

Supplemental health insurance is extra health insurance purchased by you. It could be beneficial by making you better covered in the event that you need to use it and it could even make your co-pays lower for routine doctor visits.


Can you apply with any insurance agent for medicare supplemental insurance?

Yes. Insurance agents that sell Health/Medical insurance can help you apply for Medicare supplemental insurance. Not all insurance agents cell all types of insurance. You will need to check with your agent to see if they sell health/medical insurance


What are some supplemental insurances from medicare?

Medigap has a wonderful supplemental insurance along with State Farm for medical. Many are trying now a days to get health insurance supplemental and these companies make it affordable.


What kind of damage does supplemental health insurance cover?

Supplemental health insurance would usually cover what your regular health care insurance does not cover. Like long term care, or rehabilitation. Some like Aflac would help you keep up with your bills.


What does supplemental health insurance usually cover?

Supplemental health insurance is helpful in covering drug costs, doctor visits, and medication. It is helpful for people who need extra coverage in addition to their medicare or medicade, for instance.