What is supplemental insurance?

Most people in this day and age are living paycheck to paycheck. Most people have some form of health insurance. But even the very best insurance has its flaws. Insurance was designed to help transfer some of the financial burden to a third party source. This way an individual is not responsible for all the cost of the medical services received.

Health insurance is designed to help cut the cost of medical bills due to an accident or illness. Most people are familiar with most Major medical plans and how they work from their own experiences. You get sick or have an accident; you go to the doctors or emergency room. You pay a co-payment. You receive treatment. You then have to get a prescription and or have follow up visits. Then you have to pay for any test or services that were not covered by your medical plan. Depending on the test, services, and your co-payment, you could only have to come out of pocket with a few dollars or several hundred dollars for that visit.

But what is the real cost of that Doctors visit? If you missed work or have to miss work for an extended period of time then what? If you don’t have emergency cash set aside to help pay your bills then you’re in a jam. What if you were away on vacation and you had to stay extra days in a hotel? Maybe you had to be transported to the hospital by an ambulance. All are extra cost that occurred that are not covered by most major medical plans. That’s were supplemental insurance comes into play.

Supplemental insurance pays cash benefits to you to help with the other cost not covered by your major medical insurance.

We help people when they need it most.