Some people decide to get additional health insurance coverage. This comes in the form of a supplemental health insurance plan. So what is supplemental insurance? Supplemental insurance, also called secondary insurance, is coverage that fills in gaps of the primary health insurance plan. This can include copayments, coinsurances, and deductibles.
Secondary health insurance plans are meant to work with primary health insurance plans, not replace them.
- For example: Dwayne Johnson’s primary insurance is Aetna, which only covers 80% of his medical expenses.
- Dwayne decided to purchase a secondary insurance plan through Blue Cross Blue Shield, which picks up the remaining 20% that his Aetna policy does not cover.
- Although Dwayne has to pay a monthly premium in order to have secondary coverage from Blue Cross Blue Shield, the cost of that premium tends to be a lot lower than the out-of-pocket medical costs he would have to pay with Aetna coverage alone.
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