Supplemental insurance is extra or additional insurance that you can purchase to help you pay for services and out-of-pocket expenses that your regular insurance does not cover.
Some supplemental insurance plans will pay for out-of-pocket medical expenses, such as deductibles, co-payments, and coinsurance. Other supplemental plans may provide you with a cash benefit paid out over a period of time or given to you in one lump sum.
The cash can be used to cover lost wages, transportation related to your health condition, or used to pay for food, medication, and other unexpected expenses you have due to an illness or injury.
Remember Supplemental insurance is just that – a supplement, or add-on. It is not a replacement for regular health insurance!