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Supplemental Health InsuranceConsider supplemental health insurance if you're working and your employer-sponsored health insurance do not provide you and your dependents enough health care coverage.
If your primary insurance requires high annual deductibles, expensive co-pays, or offers limited coverage amount for certain services and products, you should consider supplemental insurance. In addition, you should also consider supplemental insurance if you lack disability coverage, are at a high risk of developing cancer, heart problems or other serious illnesses requiring expensive medical treatment, and don't have enough cash to cover at least three months of living costs. Some of the major types of supplemental insurance include cancer insurance, disability insurance, hospital indemnity, Medicare supplement, long-term care, as well as dental and vision plans. Before you buy supplemental health insurance, make sure you review what is covered or not covered in your group plan to avoid buying duplicate policies. In case you need to fill any gaps in your medical plan, ask if your employer, credit union, labor union, or association cover any of these policies. If not, you can always get these through your own with the help of an independent insurance agent or directly online.
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