What Exactly is Supplemental Insurance?

You have basic health insurance, so why would you need supplemental insurance? Great Question, and I have an answer for you.

Surprise – Your son just got stung by a bee, and turns out he’s allergic to bees, and an unexpected ambulance ride and hospital visit just happened. You’re not even close to reaching your deductible.. So now what? That’s where supplemental insurance can help.

Or.. Surprise! Your daughter is struggling to see the chalkboard at school and may need glasses. But wait, your insurance doesn’t include vision! Supplemental Insurance.

Supplemental Insurance written on a paper. Medical concept.

Oftentimes we don’t find out we want or need supplemental insurance until it’s too late, the emergency is occurring now, and we’re wishing we’d have talked to me, Sean The Insurance Guy, much sooner. When you still have a high deductible to hit, your out-of-pocket co-pays and medical bills can add up quickly, especially in emergency and unexpected situations. And sometimes, even if you’ve hit your deductible, you still have the burden of high co-insurance bills when you’re taken by surprise with a serious illness or injury.

Supplemental Insurance can act as an extension to your primary insurance. It can help cover things like co-pays, large unexpected medical expenses, and even sometimes non-medical expenses you may struggle with due to a medical condition such as your rent, groceries, and other bills while you are out of work with an injury or illness.

These are just some of the things Supplemental Insurance can cover (but not limited to.. Talk to me even if you don’t see your WHY for Supplemental on this list!) :