Ancillary & Supplemental Insurance
Coverage for Some of the Costs Medicare Doesn't Cover
Medicare does a lot, but it doesn't cover everything.
Depending on your situation, you may want additional coverage to help with expenses that Medicare, Medicare Advantage, or other health insurance may not fully cover.
Ancillary insurance can provide additional financial protection for certain situations, from an unexpected hospital stay to dental care, vision expenses, or hearing needs.
I can help you understand the options and determine whether this type of coverage makes sense for you.
Hospital Indemnity Insurance
A hospital stay can bring unexpected out-of-pocket expenses, even when you have health coverage.
Hospital indemnity insurance can provide a cash benefit when you are admitted to a hospital or receive certain covered services. The benefit is generally paid directly to you, and you can use the money to help with eligible expenses such as deductibles, copayments, transportation, household bills, hotel rooms for family, or other costs.
Hospital indemnity coverage can be particularly useful for people who want an additional financial cushion in the event of a hospitalization. With many Medicare Advantage plans having copays over $2500, and original Medicare even more, ARE YOU PREPARED FOR THIS?
Critical Illness Insurance
A serious illness can affect more than your health. It can also create unexpected financial stress.
Critical illness insurance can provide a lump-sum benefit if you are diagnosed with a covered serious condition, such as certain types of cancer, heart attack, or stroke.
The benefit is generally paid directly to you and can be used where you need it most, whether that's helping with medical expenses, household bills, or other financial obligations.
Coverage and qualifying conditions vary by plan.
With many Medicare advantage plans, cancer coverage will quickly push you to your annual Max-Out-Of-Pocket, which could be over $9,000. ARE YOU PREPARED FOR THIS?
Dental, Vision & Hearing Coverage
Original Medicare generally does not provide comprehensive coverage for routine dental, vision, and hearing services.
Additional coverage may help with expenses such as:
Routine dental exams, cleanings, and other dental services
Eyeglasses and contact lenses
Routine eye exams
Hearing exams and hearing aids
Dental, vision, and hearing benefits can be available through different types of plans, including standalone coverage and, in some cases, Medicare Advantage plans.
The right option depends on your needs, the providers you use, and the benefits available in your area. Many Medicare Advantage plans have some coverage for this, but Medicare Supplements do not. ARE YOU PREPARED FOR THIS?
Do You Need Additional Coverage?
There isn't one answer that works for everyone.
Your existing Medicare coverage, health needs, budget, and personal circumstances all matter. In some cases, additional coverage may be worthwhile. In others, it may not be necessary.
My job is to help you understand your options, not sell you coverage you don't need.
As an independent Medicare agent, I can help you look at available options and understand how they may fit alongside your existing coverage.
Let's Talk
If you're wondering whether additional coverage could make sense for you, I'm happy to help you sort through the options.
Medicare can be complicated. Getting help shouldn't be. Knowledge is power!