You might be already having comprehensive health insurance coverage for all members of your family. But no health coverage covers all expenses. And hence to cover any loopholes left by your insurance plan, supplemental insurance plans are a perfect option. Nowadays, there are many types of plans, that are specifically targeted towards specific ailments. You can buy these plans from offline channels or agents or through online channels or directly from an insurance company.

Often, the insurance plans provided by your employers may seem to be enough until you see that not all portions of your hospital bills are covered. Supplemental health insurance plans fill these gaps in your insurance plans perfectly.

Let’s look at what these plans are and how they benefit our seniors.

What Is a Supplemental Health Plan?

This is an insurance plan that covers all medical expenses that are beyond the scope of your existing medical coverage. Based on your requirements and the type of coverage you need you can purchase these plans to add to your existing medical coverages.

You can purchase these plans to help pay for the costs that are not covered by your health insurance plan which includes the co-pays, co-insurance, and deductibles.

Now since we have a fair idea about the supplemental insurance plans let’s have a closer look at what the supplemental health plans for seniors include.

Supplemental Health Plans for Seniors

Supplementary health plans for seniors are designed to ensure that all gaps in our senior’s insurance plans are covered. Because these plans cover or bridge the gaps in the usual medical policies, they are commonly referred to as “Medigap” policies as well.

Supplemental plans can be used to cover expenses like dental care, eye care, indemnity care, etc. These senior plans are aimed at meeting the senior’s needs at affordable rates. These insurance plans are available as standalone products and are sold by almost all major private insurance firms. You can purchase these plans anytime you need, though some of them come with certain age restrictions.

While it is not mandatory to take these plans, these plans will cover the burden when your medicare plan is no longer enough. These policies are renewable and each policy covers only one person. These policies do not cover any long-term care.

Things to Consider While Choosing a Supplemental Plan

Certain things are to be considered whether a supplemental health plan will be needed or not:

– existing health conditions and risk factors

– savings you have

– if you can afford the insurance premiums

Supplemental health insurance schemes can be expensive so whether you have enough savings to afford one is a deciding factor. If you have the money, the next step is to choose the right insurance plan.

Let’s see how you can choose the correct senior supplemental plan.

Choosing the Right Supplemental Plan

If you are a senior buying it for yourself or if you are planning to buy it for your beloved seniors you need to have a fair idea of yours or your senior’s current health conditions. For instance, if you are at risk of some critical illness that is not covered in your insurance plan, you should opt for one. Or if you have to go to a dentist often, you should opt for one. If you choose the right product you won’t have to pay for the expenses out of your pocket.

Once you understand the health requirements, it’s imperative to understand what the supplemental health plans are offering. It is important to go through the matter that is in the fine print. Because often a lot is missed if we miss reading the fine print. Make sure you are not paying for something that is already covered under your plan.

Once you finalize on a health plan, go through a reliable channel either offline, online or directly through the insurance company to buy the insurance and make sure once the payment is made you receive the policy documents on time.


So, to conclude we can say that health issues can eat up a considerable amount of your savings if you do not have adequate medical coverage. As such, get a supplemental health plan for yourself and your seniors and stay worry-free and prepared for any health emergency or eventuality.