What is supplemental health insurance?
Supplemental insurance benefits, like cancer insurance, heart/stroke insurance and accidental injury insurance, are paid directly to you, unless otherwise required. In contrast, hospital and major medical insurance benefits are typically paid directly to the provider. As a policyholder, you can use those benefits to help with your out-of-pocket expenses or loss of income.
If I purchase a supplemental health insurance policy, do I still need major medical insurance?
Yes. Supplemental insurance products such as cancer, heart/stroke and accidental injury insurance aren't a replacement for major medical insurance. Instead, these policies help to cover expenses that are not covered by major medical insurance.
How else can I pay for out-of-pocket expenses?
In addition to supplemental health insurance, other options you may need to consider include drawing on life savings or selling personal assets to help pay for out-of-pocket expenses.
What physicians may I use with my supplemental health insurance policies?
You may continue to use your current physicians. In the case of Medicare supplement insurance, benefits are paid directly to your provider. For cancer insurance, heart/stroke insurance and accidental injury insurance, benefits are paid directly to you.
Conseco Health Insurance Company (administrative office, Carmel, IN) is licensed in all states except CT, MA and NY.
This Web site should be considered an advertisement and is not a contract. The insurance products are underwritten by Conseco Health Insurance Company. Products and services mentioned in this Web site are only valid for distribution in the United States of America and may not be available in all states. These products have limitations. For costs and complete details of coverage, contact your agent.