Even if you already have health insurance, sometimes an unexpected trip to the doctor is all it takes to bury you in debt. This is why many Americans add healthcare supplemental insurance to their regular policies.
Whether you want to improve your private health insurance coverage or round out your Medicare, gap health insurance may help.
Sometimes called “secondary insurance” or “gap insurance,” health plan supplements are an affordable way to fill any holes in your insurance coverage.
Even with regular insurance, many Americans cannot afford to have a health emergency. This is because most insurance often has high out-of-pocket costs, copays, coinsurance and deductibles. Plus, many plans don’t cover certain services like X-rays, dental work, etc.
This is where gap insurance comes in. Depending on what type of supplemental insurance you choose, you may be covered for dental work, vision testing, non-medical expenses from accidents and more.
With lump-sum plans, your supplemental gap health insurance will pay on top of what your regular insurance is already paying. Additionally, the lump-sum plan will likely pay you directly.
Popular supplemental insurance plans include: