Supplemental health insurance plans are designed to cover costs that primary health insurance may not fully pay for or may not cover at all. In most cases, supplemental insurance are indemnity plans that provide a cash benefit to the policyholder when they experience a medical issue.

Consumers can use the benefits in any way they deem necessary; for healthcare related expenses (co-payments, deductibles or out of pocket expenses) or for everyday living expenses (like groceries, gas or utilities) such as is designed to provide extra coverage such as deductibles, copayments, or services not included in standard plans. These plans will generally pay a benefit regardless of what the insurance company pays for the services rendered.

Medicare Supplemental Insurance
MedSupp Insurance: Medicare Supplemental Insurance (otherwise known as a MedSupp plan) pays up to 100% of a beneficiary’s out of pocket expenses not covered by traditional Medicare. These plans are available to those who qualify for Medicare and who qualify with underwriting (policy is guaranteed issue if selected at your initial Medicare enrollment).

There is a monthly premium associated with these plans, but you can experience peace of mind, knowing that your medical expenses are covered. To learn more about MedSupp plans, reach out to one of our agents of S.H.I.E.L.D. Financial & Insurance Services using the contact form form or call our office at 801.209.9598.

Supplemental Health Insurance
These are plans outside of traditional health insurance that can provide consumers with additional coverage that their health insurance will not cover. Supplemental insurance is generally split into specific categories:

• Accident Insurance: Pays an extra benefit in the event of an insured needs medical care due to an accidental This often includes emergency room visits, urgentcare
• Cancer Insurance: Pays an additional benefit if an insured person is diagnosed with a covered cancerous Coverage may include benefits for treatments, surgeries, travel or more.
• Critical Care Insurance: Pays benefits when an insured individual experiences a critical event such as a heart attack, stroke, kidney failure or other pulmonary It pays extra for hospitalization in an intensive care room or surgical procedures that take place as a result of certain medical conditions.
• Hospital Indemnity Insurance: These plans pay a benefit where there a covered individual experiences hospital-related expenses from an emergency room visit to a hospital

Some plans offer benefits for surgical procedures that take place in outpatient facilities as well.

• Supplemental Dental/Vision Insurance: Sometimes dental and vision insurance plans fall short when paying for the care a covered individual may Dental and vision insurance supplements can bridge the gap and help pay for much needed care.

Supplemental insurance can help protect your pocketbook from unexpected medical expenses. For information on any of these plans, fill out the contact form, and an agent of S.H.I.E.L.D. Financial & Insurance Services will reach out to you. Or you can call our office at 801.209.9598.

Travel Health Insurance
Many people do not think about their healthcare needs when they are planning a vacation. They often make the mistake in thinking that their health insurance will cover them regardless of where they are. What about international travel?

Whether you are on Medicare, have a health plan through work, or an ACA plan through the exchange, you will find that your coverage is extremely limited, especially outside the country. You may want to look into travelling health insurance. These plans can provide up to $2 million in care if you are hospitalized or require emergency treatment overseas. These plans can also provide medical transport back to the United States if it is deemed necessary.

If you are planning any international travel for any extended period, look into travel health insurance. Feel free to contact an agent of S.H.I.E.L.D. Financial & Insurance Services through our contact form or call our office at 801.209.9598.