Medical Insurance pays the doctors and hospitals. Supplemental insurance pays YOU for expenses such as deductibles, co-payments, your max-out-of-pocket expenses and non-medical expenses such as lost wages, mortgage payments and childcare costs.
The 2021 individual max-out-of-pocket on an ACA health plan is $8550 per year. (STM can be even higher.) Supplemental insurance can help you pay additional expenses to avoid medical debt. Many people feel paying a small monthly fee is more manageable than a large, unexpected out-of-pocket cost.
Can you afford NOT to have supplemental insurance? Contact me today to discuss your best options for supplemental insurance!
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