10 Best Supplemental Insurance Companies

Supplemental insurance can be a great way to give yourself added protection against unexpected medical costs. It’s especially useful for those who have high deductibles or copays, as it can help cover expenses that fall outside of their primary insurance coverage. However, with so many different supplemental insurance companies out there, it can be tough to know which ones are the best for your needs. To help you out, we’ve put together a guide to the 10 best supplemental insurance companies available today.

What is Supplemental Insurance?

Supplemental insurance is a type of insurance policy that is designed to provide additional coverage for medical expenses that are not covered by your primary insurance. This can include things like deductibles, copays, and coinsurance. It can also cover expenses like transportation to and from medical appointments, lodging during hospital stays, and even lost wages while you recover from an illness or injury.

Supplemental insurance policies are usually sold by private insurance companies, but they can also be offered as a benefit through your employer. They are typically less expensive than traditional insurance policies, but they may not cover as many medical expenses.

The 10 Best Supplemental Insurance Companies

1. Aflac – Aflac is one of the most well-known supplemental insurance companies out there, and for good reason. They offer a wide range of policies that can help cover everything from accident-related expenses to cancer treatments. Their policies are relatively affordable, and they are known for their excellent customer service.

2. Mutual of Omaha – Mutual of Omaha is another popular provider of supplemental insurance. They offer a variety of policies, including policies that cover critical illnesses, accidents, and hospital stays. Their policies are affordable and they have a good reputation for customer service.

3. Colonial Life – Colonial Life is a supplemental insurance company that specializes in workplace benefits. They offer policies that can help cover expenses related to accidents, illnesses, and disabilities. They also offer a variety of other workplace benefits, such as employee wellness programs and financial counseling services.

4. Transamerica – Transamerica offers a variety of supplemental insurance policies, including ones that cover critical illnesses, accidents, and hospital stays. They have a good reputation for customer service and their policies are relatively affordable.

5. MetLife – MetLife is a well-known insurance company that offers a variety of supplemental insurance policies. Their policies can help cover expenses related to cancer treatments, accidents, and hospital stays. They have a good reputation for customer service and their policies are relatively affordable.

6. Gerber Life – Gerber Life is a supplemental insurance company that focuses on policies for children and families. They offer policies that can help cover expenses related to accidents, illnesses, and disabilities. Their policies are affordable and they have a good reputation for customer service.

7. Cigna – Cigna offers a variety of supplemental insurance policies, including ones that cover critical illnesses, accidents, and hospital stays. They have a good reputation for customer service and their policies are relatively affordable.

8. Globe Life – Globe Life is another supplemental insurance company that focuses on policies for children and families. They offer policies that can help cover expenses related to accidents, illnesses, and disabilities. Their policies are affordable and they have a good reputation for customer service.

9. UnitedHealthcare – UnitedHealthcare offers a variety of supplemental insurance policies, including ones that cover critical illnesses, accidents, and hospital stays. They have a good reputation for customer service and their policies are relatively affordable.

10. AARP – AARP is a nonprofit organization that offers a variety of supplemental insurance policies for people over the age of 50. They offer policies that can help cover expenses related to health care, travel, and more. Their policies are affordable and they have a good reputation for customer service.

FAQ

What is supplemental insurance?

Supplemental insurance is a type of insurance policy that is designed to provide additional coverage for medical expenses that are not covered by your primary insurance. This can include things like deductibles, copays, and coinsurance. It can also cover expenses like transportation to and from medical appointments, lodging during hospital stays, and even lost wages while you recover from an illness or injury.

Do I need supplemental insurance?

Whether or not you need supplemental insurance depends on your personal circumstances. If you have a high deductible or copay, or if you are at risk for certain medical conditions, then supplemental insurance can be a good way to protect yourself from unexpected expenses.

How much does supplemental insurance cost?

The cost of supplemental insurance varies depending on the type of policy you choose and the company you purchase it from. However, most policies are relatively affordable and can be a good investment for those who need extra coverage.

Can I purchase supplemental insurance on my own?

Yes, you can purchase supplemental insurance on your own. Most insurance companies offer policies that can be purchased directly by individuals, but you may also be able to purchase supplemental insurance through your employer or a professional association.

What should I look for in a supplemental insurance policy?

When choosing a supplemental insurance policy, it’s important to look for a company that has a good reputation for customer service and that offers policies that meet your specific needs. You should also consider the cost of the policy and any deductibles or copays that may apply.