What is Supplemental Insurance Coverage, and When to Buy It?

Supplemental healthcare coverage is an unexpected medical expense policy designed to cover some of the out-of-pocket costs that may be incurred during times of illness or injury. These costs are not covered by traditional health insurance plans, so this additional coverage can protect you from large financial outlays for necessary medical services. Supplemental health care provides reimbursement for expenses such as doctor visits, urgent care, prescriptions, ambulance service, lab fees, X-rays and more.

Supplemental life coverage offers protection beyond your primary life insurance policy. Unlike term life, which only provides protection for a specific period of time, supplemental life insurance can be used to fill gaps in your existing insurance plan. It allows you to continue coverage beyond your normal “term” or age limit, pay off outstanding debts or handle any estate planning requirements that may arise over the course of your supplemental policy term.

If you are planning on starting a family soon, supplemental health care is something you should consider purchasing. Although pregnancy and childbirth are not considered to be an illness or injuries, there are costs associated with these events that aren’t covered by regular health care plans. A supplemental hospitalization plan will help cover expenses such as doctor visits during pregnancy and after the child’s birth. If complications arise during childbirth, supplemental medical payments can cover additional prenatal care, help with prescription fees, and more.

Even if you think supplemental health care is only needed in the event of serious illness or injury, it may be possible to purchase supplemental insurance coverage for everyday expenses as well. If you take any regular medication, supplemental medical payments can provide reimbursement for your monthly prescriptions. You might also consider supplemental hospitalization coverage which could help protect you if you develop an unexpected illness or injury that requires additional doctor visits on an ongoing basis.

And finally, supplemental life coverage can make certain financial goals come true even after death. Life insurance is designed to pay off outstanding debts upon your passing, but supplemental life income plans offer protection against not being able to meet regular living expenses until assets are through probate court proceedings after your death. Supplemental whole life can also allow you to provide for a supplemental trust fund for your spouse or children in the event of your death, and supplemental term life insurance can be used to help pay for future college tuition fees, assist with purchasing a home or even cover supplemental funeral expenses.

Where Can You Find Health Insurance?

Supplemental health care is available from supplemental healthcare providers such as supplemental insurance providers, supplemental hospitalization coverage companies, and supplemental medical payments coverage organizations. These supplemental insurers often have their own sales agents who meet with you individually to explain how the plans work, what benefits they offer and when it makes sense to purchase them. It’s always possible that if you are planning on starting a family soon or know someone who could benefit from supplemental life insurance coverage, supplemental health care might be something worth purchasing. Vivna Insurance is well versed in helping consumers get the supplemental coverage they need to fill the gaps in their existing insurance. Call us today at 866.793.2301 to speak to a professional and licensed insurance agent today to learn more.

Just remember that supplemental insurance is supplemental. It’s meant to cover costs not covered under regular health insurance plans, but supplemental health care isn’t always meant to replace traditional health care plans. Even if you purchase supplemental life insurance, supplemental hospitalization coverage or supplemental medical payments, it’s important that you still have your regular policies in order as well. Only by working with a quality supplemental healthcare provider can you learn how these types of supplemental plans work so you can properly protect yourself and your family wherever financial outlays may occur during difficult times.