Supplemental Insurance Basics
Is supplemental insurance worth it?
Supplemental insurance is worth it if you have a high-deductible health plan, limited emergency savings, or a high-risk occupation. Supplemental insurance provides cash benefits that can cover your deductible, copays, and lost income during a health crisis. The cost is typically $50-$150/month for a comprehensive supplemental package.
Key Points
- Worth it if: high-deductible health plan, limited emergency savings, high-risk occupation
- Provides cash benefits to cover deductible, copays, and lost income
- Cost: typically $50-$150/month for a comprehensive package
- Peace of mind: financial protection for unexpected health events
- An independent agent can help you evaluate whether supplemental insurance is right for you