Understanding Supplemental Health Insurance & Why It’s Important to You

Piggy bank with stethoscope and pile of cashThe Obamacare health insurance exchanges are live, and the new law mandates that all Americans carry comprehensive health insurance. However, even though the policies being sold through the exchanges are “comprehensive,” and are required to offer higher levels of coverage than many plans did in the past, they still do not provide 100% coverage of all medical expenses. Policyholders will still be responsible for co-pays and deductibles, and none of the plans sold on the exchanges are required to provide dental coverage for adults. People who wish to have dental coverage, as well as coverage for accidents and critical illness, must buy supplemental policies. While Obamacare does not mandate supplemental insurance coverage, it is a sound investment to protect yourself and your family from financial ruin.

What is supplemental coverage, and why do I need it?

Doctor standing at patient's hospital bedSupplemental health coverage is just that: a supplement to, not a replacement for, your regular comprehensive health insurance policy. Supplemental insurance covers expenses that go above and beyond the scope of your regular policy, such as dental, accident, and critical illness coverage.

Supplemental policies provide extra peace of mind. While they are especially helpful to people who have high-deductible health insurance plans, nearly anyone can benefit from supplemental coverage should they be seriously injured or become critically ill. Often, patients who suffer very serious injuries or catastrophic illnesses are shocked to receive bills totaling tens of thousands of dollars in co-pays and deductibles, despite having “good insurance.” In fact, medical bills are the leading cause of bankruptcies in the United States, and it is estimated that nearly 10 million Americans with health insurance incur medical bills they are unable to pay each year. Supplemental accident and critical illness insurance can help prevent these types of situations by keeping out-of-pocket medical expenses to a minimum, allowing the patient to focus on getting better, not on worrying about how they are going to pay their mounting medical bills.

Dental coverage, not included in most health insurance plans, is also important. Untreated dental problems can lead to diseases in other parts of the body, and the best way to head off tooth decay is to get regular checkups and teeth cleanings.

Let Health-Life-Dental-Insurance.com help you!

Insurance agent with customersIf you’re confused, you’re not the only one; many Americans are scratching their heads over healthcare reform, trying to figure out what they are required to purchase under the law, as well as what kind of coverage would make the most sense for them. That’s where Health-Life-Dental-Insurance.com can help! Health-Life-Dental-Insurance.com is your easy one-stop shop for both the comprehensive health coverage mandated under Obamacare, and the supplemental insurance policies you need to protect yourself from high out-of-pocket medical expenses. Health-Life-Dental-Insurance.com works with major carriers and can bundle together health, dental, accident, critical illness, and life insurance. Simply use the website to enter your information, select the bundle of services you need, and get advice from real insurance agents on which policy bundle would best suit your situation.