What does supplemental major medical insurance provide?

Supplemental major medical insurance offers an enhancement to a basic health insurance policy, specifically designed to provide additional coverage once the limits of the primary policy are met. This type of insurance is particularly beneficial for individuals who may face high medical expenses, as it helps cover costs that exceed the basic plan's coverage limits.

When a primary insurance policy provides coverage with set limits, there can be significant out-of-pocket expenses for high-deductible plans or limited benefit amounts. Supplemental major medical insurance is intended to address these situations by offering extra financial protection against high healthcare costs, effectively bridging the gap and ensuring more comprehensive coverage for the insured.

This distinction is crucial for understanding health insurance products, as it helps consumers make informed choices based on their specific health needs and potential medical expenses.