Gap Insurance
What is the best gap insurance for high-deductible health plans?
Gap insurance (also called supplemental health insurance) helps cover the deductible and out-of-pocket costs of a high-deductible health plan (HDHP). Gap insurance pays a lump sum or fixed benefit that can be used to pay the deductible. An independent agent can compare gap insurance options.
Key Points
- Gap insurance: covers deductible and out-of-pocket costs of HDHP
- Pays lump sum or fixed benefit to cover deductible
- Especially useful for HDHPs with $2,000+ deductibles
- Pays regardless of other insurance
- An independent agent can compare gap insurance options for HDHPs