Supplemental Products
Supplemental insurance is extra or additional insurance that employees can purchase to help pay for services and out-of-pocket expenses that regular insurance does not cover. Some supplemental insurance plans will pay for out of pocket medical expenses, such as deductibles, co-payments, and coinsurance. Other supplemental plans may provide you with a cash benefit paid out over a period of time or given to you in one lump sum. The cash can be used to cover lost wages, transportation related to your health condition, or used to pay for food, medication, and other unexpected expenses you have due to an illness or injury.
Some forms of supplemental products are:
- Accident
- Accidental Death
- Cancer / Specified-Disease
- Critical Care & Recovery
- Dental
- Hospital Confinement Indemnity
- Hospital Confinement Sickness Indemnity
- Hospital Intensive Care
- Juvenile Life
- Life
- Lump Sum Cancer
- Lump Sum Critical Illness
- Medigap – Medicare Supplemental Insurance
- Short Term disability
- Vision
Vision HR Agency can provide quotes for all of these products that may be of interest to your employees. The employer is not responsible for these premiums and the coverage is voluntary. A competitive advantage of using Vision HR … If Vision HR is handling your payroll and Vision HR is agent of record on your supplemental policy , we can make any changes to the payroll deductions, receive and reconcile the monthly bill for you at no additional cost.
To have an expert prepare a supplemental quote for your employee s, call 386-255-7070.
