Supplement Insurance Options

Protected, No Matter What

Health insurance is a crucial safety net, but it often doesn’t cover every cost that can arise from unexpected medical situations. That’s why supplemental insurance options are available—to give you added protection and help reduce the financial strain of accidents, illnesses, or gaps in your primary coverage. Whether you're looking for Indemnity Insurance, Short-Term Health Insurance, Out-of-Pocket Protection, Accident Protection, or Critical Illness Coverage, these plans are designed to provide flexible, affordable solutions that support your health and your budget—no matter your age or stage of life.

A woman is laying in a hospital bed with a blue blanket.

Short-Term Insurance

A short term insurance plan will bridge a gap for a short time when you’re uninsured. Short-term plans give you limited coverage for a limited time until you can move to a more permanent plan. Unlike ACA plans, short term plans don't cover preexisting conditions, and you must answer a series of medical questions to apply.

 

A short term insurance plan may be a good fit for you if...

  • You missed Open Enrollment and don’t qualify for a Special Enrollment Period.
  • You’re waiting for your ACA plan to start.
  • You’re looking for coverage until you join Medicare.
  • You’re between jobs or waiting for benefits to start.

 

Limitations of Short Term Insurance

  • Does not meet standards set by ACA and often have limitations that leave people with gaps in coverage that can lead to huge medical bills.
  • Have more limitations and are not guaranteed issue.
  • Does not cover pre-existing conditions.
  • Limits your annual or lifetime benefit, which leaves you responsible for remaining costs.
  • There is no out of pocket maximum.
  • Can leave you with a large debt in case of a major medical event.

Indemnity Insurance

Indemnity insurance is also known as fixed benefit insurance or fee-for-service insurance. An indemnity plan offers limited benefits. The plan pays you a preset “fixed” payment when you receive any of the qualified medical services specified in the plan. Fixed means the benefit is the same no matter what the total bill for the qualified service was. It’s meant to supplement a more traditional health insurance plan.

 

Due to the lower premiums, some people are tempted to use fixed indemnity insurance as a low-cost substitute for major medical insurance. This can be a costly mistake if you experience a serious medical event that leaves you personally responsible for thousands of dollars in medical bills. Call us to discuss the terms and best use of an indemnity plan.

Out of Pocket Protection

This plan pays $5,000 cash upon hospital admission and removed deductible payments.

Critical Illness

Critical Illness plans pay out a lump sum upon first diagnosis of cancer, stroke, heart attack, or other approved illnesses. The cash can be used to pay hospital bills, travel expenses, alternative medicine, electric bills, mortgage, and more. These plans are typically guaranteed renewable up to age 75.

Accident Protection

Accident Protection plans can pay from $2,000 to $50,000 per injury, depending on the terms of the plan. This can cover air ambulance as well as other emergency expenses. Typically guaranteed renewable up to age 80. You may also consider a $100,000 accidental death policy for your family, which pays out in addition to other insurance coverages.