Should I have healthcare insurance-related supplements?
YES, you should consider supplements!
A supplemental health insurance plan is a health care plan that covers anything above and beyond minimum essential medical coverage.
Before you invest in supplemental health insurance, make sure you understand the coverages available in different health insurance plans.
Supplemental health plans like critical illness or disability can also protect you for expenses you could not pay if something happened and you could not make an income to pay your bills.
Let’s say you have a stroke, cancer or injured in a car accident and you are unable to work for let’s say 1 week.
Your insurance plan has a $5,000 total out of pocket cost, let’s say. (This amount would not be not likely; it’s usually much more. But, just pretend).
You have a supplement critical illness, cancer and or accident benefit built into your healthcare coverage plan or you purchased it separate. Let’s say the benefit is $10,000. Let’s say this benefit costs $ 100 a month. (I’m being extreme on price; that rate would get you much more than $10k).
Let’s do the math. You would pay into that benefit for 8.3 years before payment would reach the benefit amount.
The money is paid directly to you. Thus, buying this healthcare insurance supplement would be a good investment.
Supplemental health insurance plans offer you more options to get the coverage you need for special circumstances.
Take some time to discuss your healthcare coverage options by phone or schedule a webinar with a licensed healthcare insurance expert. Review the exact healthcare benefits that you can have and you can ask questions.
Call 281.979.5441 or contact us via email to setup a day/time that’s convenient for you to discuss your current health care coverage!
It may be the most informative 2-3 minutes of your life.