0
There are some supplemental insurances that will cover incidents that come up. You use the money as you see fit. Usually though, you are really saving money by taking an insurance that has a higher deductible/copay since the premiums are lower. We are so used to an all-encompassing insurance plan, but those are going by the wayside in the current (2010) market. Also, if you contribute to a health savings plan, that money is pre-tax and is cheaper to use for copays.
Add your answer:
Earn +20 pts
Is it a good idea to purchase supplemental insurance?
it probably would be a good idea to get supplemental insurance if your present insurance doesnt cover 100%. it does not seem to be a good thing without insurance already.
Is getting supplemental insurance a good idea?
Whether or not you need supplemental insurance depends upon your individual situation. Does the coverage your job provides give enough of a benefit should you need it? If not, than supplemental insurance would be a good idea.
Where can I get quotes for supplemental dental insurance?
I would suggest lookatdentalinsurance.com which lists Supplemental Dental Insurance providers and many of the providers listed can provide you with a proper quote.
What type of life insurance policies are carried by Aetna?
Aetna offers several different types of life insurance policies which would include, basic, supplemental, dependent and accidental death. There is also supplemental accidental death and supplemental dependent life insurance to choose from.
How much of a 20000 hospital bill would my insurance pay for?
AnswerAssuming it was in benefit etc. the allowed amount would be around $5k. The insurance would pay everything after applicable copays, deductibles, and your portion of the coinsurance.
What kind of damage does supplemental health insurance cover?
Supplemental health insurance would usually cover what your regular health care insurance does not cover. Like long term care, or rehabilitation. Some like Aflac would help you keep up with your bills.
What Is Supplemental Insurance and Do You Need It?
You may have heard of supplemental insurance but not felt clear about what it is, or whether you need it. You may have heard the term "Medicare supplement" and thought that supplemental insurance is only for Medicare recipients. Or you may have questions about exactly how supplemental insurance fits into your financial and healthcare needs. Supplemental insurance is exactly what it sounds like: Insurance that pays over and above what your primary insurance policy covers. It is not intended to replace the insurance you have now. Rather, it is intended to provide coverage for expenses not included in your existing insurance plan. You can think of supplemental insurance as picking up the tab for the expenses that you would normally pay out of pocket. These policies might pay your deductible, for instance. You may also buy supplemental insurance to cover hospitalization or intensive care costs that your insurance does not cover. Cancer policies are a popular form of supplemental insurance, as are accident and accidental death policies. These policies cover the additional hospitalization and doctor expenses over the spending cap of many traditional policies. In deciding whether you need supplemental insurance, consider the coverage you already have, as well as your financial circumstances. If your policy has limitations, as most do, you may want to consider speaking with an agent about the supplemental insurance coverage available to you. Most of us cannot afford to become catastrophically ill or suffer a life-threatening or fatal accident. While our insurance policies cover most of our normal medical needs, chances are they would not cover all of a major illness or injury. If you don't know what your current insurance covers, find out, and consider how you would handle an injury or illness that "maxed out" your insurance. If you have any doubt about your ability to financially weather a medical disaster, you probably do need supplemental insurance. Supplemental insurance may be likened to wearing a belt and suspenders. Most of the time your current coverage will meet all of your needs, but when it does not, supplemental insurance will make things easier for you.
What is the copay for the Dental Insurance Plan your company offers to the Milwakee, WI branch location?
This is depending on your company on what your dental insurance plan copay would be. The range for copays for dental ranges from 0-30 dollars.
What are the benefits of accepting supplemental liability protection for a rental car - can you give an example?
I am in California which does not offer supplemental insurance, so I am making an educated guess. I would say it's secondary to your regular insurance, and would cover your decutable/and or cover what your insurance does not carry, as long as the renter was not neglent and did not violate the rental agreement. Usually offers like this has a max of the amount they would cover upto... This would vary from state to state.
Is RAC breakdown cover worth it?
Preemptively buying insurance for your car is required in most states, whether you choose to buy supplemental insurance is really dependent upon the rates and monetary situation of the individual. If it is possible to buy your overall insurance and include collision and or other break down packages, that would more than likely be cheaper. However, some outside supplemental insurance companies offer more than just breakdown coverage, such as triple A. Again, if it is possible to have break down coverage included in your original insurance package, that would be best, however, if you need supplemental insurance, and can afford it, better to be safe than sorry.
You have Medicare as primary insurance and BCBS as secondary insurance Do you pay the copay on the secondary insurance?
The answer to this question depends on what kind of secondary insurance you have - is it a group health plan? Is it a supplement? If Medicare is primary, there are still deductibles, copays, coinsurance that would need to be satisfied by your secondary insurance. Based on your question, I'm assuming that you have a group health plan with a copayment as your secondary insurance. If so, then yes, you would pay your copayment but it would not exceed the part B deductible.
Where can one go to find supplemental medical insurance in New York State?
"Depending on what type of insurance you are seeking in the state of New York, Progressive Insurance and Nationwide Insurance may be in your best options, if you are seeking life insurance on the otherhand I would begin with Colonial Life Insurance."
