Supplemental Plans

Supplemental plans, also known as supplemental insurance or gap insurance, are insurance policies that provide coverage for specific expenses that are not covered by primary insurance policies, such as Medicare or employer-sponsored health insurance.

Supplemental plans can cover a wide range of expenses, such as deductibles, copayments, and coinsurance, as well as services like dental, vision, and hearing care. These plans can help individuals and families manage out-of-pocket healthcare expenses that are not covered by their primary insurance policies.

Cancer, hospital indemnity, accident, and critical illness plans are types of supplemental insurance policies that provide coverage for specific medical events. Cancer insurance typically covers expenses related to cancer diagnosis and treatment, such as chemotherapy and radiation therapy. Hospital indemnity insurance provides a fixed cash benefit for each day an individual is hospitalized due to an illness or injury. Accident insurance provides coverage for medical expenses resulting from accidental injuries. Critical illness insurance provides coverage for expenses related to the diagnosis and treatment of serious illnesses, such as heart attack or stroke. These plans can be added to existing health insurance policies to provide additional coverage for unexpected medical events.

With the help of an insurance agent, it’s possible to personalize a supplemental plan that matches your unique needs and budget, and integrate it with your current health insurance policy to extend your coverage.