Supplemental insurance works hand in hand with major medical plans to help ensure individuals who are sick or hurt have the funds needed to pay health-related costs their primary insurance might not cover, as well as other out-of-pocket costs. After all, when a medical event occurs, there are deductibles, copayments and treatment costs that aren't covered to consider - not to mention the bills that continue to roll in even if an individual is too ill or injured to work.
Supplemental insurance can help provide employees with financial safety nets that keep their minds on their jobs and not on money concerns.
Supplemental insurance pays cash benefits workers can use to help pay unexpected health care costs that might not be covered by major medical insurance or to help pay bills that threaten their financial security.
Supplemental insurance pays cash benefits regardless of any other insurance coverage employees have in place, including policies available through government health care exchanges.