Supplemental Insurance

All health insurance plans have their limitations on the amounts of coverage they provide for various health care services. When those coverage limits are reached, many times, insured individuals either have to pay out of their own pocket for prescription drugs, medical treatment and other health care services, or they have to go without until their insurance coverage kicks in again. But a supplemental health insurance policy can maintain health care services and keep needed prescription drugs stocked by paying for the costs that aren’t covered by primary health insurance plans.

Many People Benefit from Supplemental Polices

Anyone with a health insurance policy of any kind can purchase a supplemental health insurance plan to enhance health insurance protection. Those who have ongoing health issues or who have primary health insurance policies that don’t provide a high level of coverage can purchase affordable supplemental insurance and greatly improve the quality of health care available to them. Medicare recipients in particular will enjoy the benefits of supplemental health insurance plans that will cover the cost of various copays, fees and excessive health care costs that exceed coverage limits.

Several Types of Supplemental Policies

A Medigap policy is a good example of a supplemental policy. While Medicare recipients have health insurance, the limitations on benefits each year often times will leave many senior citizens lacking the prescriptions drugs they need. But a Medigap policy will provide coverage when Medicare has been exhausted and health care still is necessary. Other supplemental insurance plans are available in several varieties that pay costs when health insurance policies reach their limits on benefits. Some even provide payments for lost income when an accident or other mishap causes injury and results in time off work with no pay or reduced weekly incomes.

Supplemental Policies Are Affordable

Because they are not primary health insurance policies, supplemental plans are much more affordable and easier to obtain. They only provide additional coverage for services provided by the primary health insurance policy. When those benefits are exhausted, the supplemental policy will cover costs up to policy limits and might provide supplemental income.