If you require treatment beyond what’s covered in your health insurance plan, you’ll be forced to pay out-of-pocket. That’s why many people choose supplemental plans, which let you receive quality care without the fear of going broke. Consider the guide below to decide whether a supplemental policy is right for you. 

Types of Supplemental Health Insurance

There are many different types of supplemental policies to choose from, each of which addresses different health needs:

• Dental: Not all health insurance covers dental care, and if they do, only certain treatments may be covered. Additional dental coverage makes certain procedures, such as braces, more affordable for your family. 
• Disability: In the event of long-term disability due to illness or injury, disability insurance provides an income when you’re no longer able to work. 
• Long-Term Care: Nursing homes and home health aides can be expensive, especially for seniors on a fixed income. Long-term care coverage provides funding for these costs. 
• Medicare/Medicaid Supplements: While Medicare and Medicaid do provide assistance to certain individuals, not all health needs are covered. Supplemental coverage takes care of factors like copays, deductibles, and prescription medication. 

How to Decide Whether You Need a Supplemental Plan

The first step to deciding whether you need a supplemental plan is to look at your current health insurance policy. Carefully review what it does and does not cover, and compare coverage limitations to your family’s current state of health and the risks you face. 

Next, think about your income and savings. Would you have enough to cover out-of-pocket costs if something were to happen right now? Do you foresee your current financial outlook changing in the future? Health is another consideration. Does anyone in your family have a chronic or long-term illness? If so, supplemental insurance might be a good option. 

When you have questions about health insurance coverage, it’s crucial that you work with a knowledgeable agency. Crothers Insurance Agency of Rising Sun, MD, sits down with clients to explain each plan and policy in full detail. With more than eight decades of experience, these agents are a beloved part of the community they operate in. They also offer a wide array of insurance products, including auto, home, farm, boat, and life insurance. Visit them online to get more information on health insurance. You can also call (410) 658-5200 to get started on your quote.