Supplemental insurance refers to an insurance policy that supplements your primary health insurance coverage. Supplemental insurance includes a variety of policies that can be offered by employers or purchased on their own, including:
- Life insurance
- Short-term disability
- Long-term disability
- Dental/vision insurance
- Accident insurance
- Critical illness insurance
Original Medicare enrollees have access to Medicare Supplemental Insurance, otherwise known as Medigap coverage. Medigap plans pay some or all of the out-of-pocket costs for treatment that’s covered under Original Medicare, including coinsurance and deductibles.