Different Types of Supplemental Insurance (and Why They’re Important)
Supplemental insurance acts as a gateway to help support your primary healthcare insurance plan. It’s perfect for anyone who worries about the costs of health-related treatments which standard health insurance doesn’t cover.
Why is Supplemental Insurance Important?
If you have basic health insurance, an accident or serious illness may cost you more than you thought. What’s more, if you are self-employed or have unpaid sick days, this can also be terrible for your finances. Money is the last thing you're wanting to worry about when you're not in tip-top condition.
Supplemental insurance coverage can help you cut healthcare costs that aren't covered by your regular insurance plan. In addition, this can give you the peace of mind that your finances are accounted for in the case of severe illness or an accident.
When complemented with a regular health insurance plan, you can rest easy knowing that your health is accounted for in a worst-case scenario.
At Boone Ritter Insurance, here are five types of supplemental insurance we get asked about most often (and you should consider):
Accident insurance will pay a lump sum cash benefit on an accidental injury. You can use this to cover costs like emergency care, tests, and ambulance transports. The plan will pay out when you need it most, making it great insurance to have in case of any accidents, as it will help facilitate you back into daily life!
Dental insurance assures your routine teeth examinations and procedures are accounted for. This is an excellent option because most health insurance plans don't cover dental costs; if you need an X-ray, filling, or root canal treatment, dental insurance can make sure that the finances are taken care of. Furthermore, dental insurance plans also offer benefits for basic and major care and diagnostic assistance.
Regular health insurance covers eye care plans that are considered medically necessary, but what about those who regularly use glasses to improve their eyesight? Vision insurance will help reduce the costs of lenses, frames, and eye examinations.
Critical Illness Insurance
If you find yourself getting a diagnosis of a critical illness, the costs can be devastating. Critical illness insurance will offer you a lump-sum cash benefit for urgent conditions such as heart diseases, strokes, and cancer.
Short-Term Disability Insurance
Short-term disability insurance will pay the cost of your income for any debilitating illness that renders you unfit for work. This will be for a specified duration which is listed within the policy.
It's Time to Look at Supplemental Insurance
If you're worried about the potential costs of healthcare procedures in worst-case scenarios, then having supplemental insurance can make sure you are covered. You shouldn't have to be concerned about how to pay your bills when you are seriously ill or injured, so supplemental insurance can ensure that you will get back on your feet easier.
Whether you want some extra help to fund your dentist check-ups or routine eye exams or want to plan for a bad critical illness, Boone Ritter Insurance in Arkansas can help you find the right supplemental insurance options that will have you covered! Contact our offices in Springdale, AR; Cabot, AR; and Siloam Springs, AR to review your coverage options.