Supplemental insurance is basically extra or additional insurance coverage that one can obtain to help in the payment for services and out-of-pocket costs that a regular insurance policy would not cover. It essentially fills in the gaps for you and helps you to pay for such normally out-of-pocket cost such as co-pays, coinsurance charges, deductibles and the like. All of this can add up should you find yourself in some sort of a crisis. Some supplemental coverage options allow provide you with a cash benefit that is either paid out over time or as a lump sum payment.
One can utilize payouts for a myriad of things, including the covering of any lost wages, transportation expenses that are related to your health condition, or to even pay for food, medication, and other expenses you might incur as a result of an illness or injury.
Supplemental insurance helps you by providing extra help when needed to cover unexpected costs, not to mention peace of mind in knowing that you are covered beyond a traditional policy.