The coverage loopholes left by your health insurance plan are filled in by supplemental insurance. Many different types of supplemental insurance plans are available to support health issues. Supplementary insurance can be bought either directly from the supplement insurance company or from an agent. No matter what, supplemental insurance which is a collection of mini insurance plans that are sprinkled over your regular health insurance is a boon to the healthcare coverage of your family. You can always research about supplemental insurance companies Medicare provider and also compare Medicare supplemental insurance plans.
The various types of supplemental insurance are as follows:
- Critical illness insurance: As the name suggests, this type of insurance provides coverage for cancer, organ transplants, strokes, heart attacks, kidney failure and more.
- Accident insurance: In case you are injured in an accident, then the accident insurance pays you lump-sum cash.
- Hospital insurance: This is a worthy investment as even a night stay in the hospital can work up to a bill of $4000.
- Fixed Indemnity insurance: This type of insurances covers you’re out of the pocket expenses with cash benefits paid directly to you.
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