What Does Supplemental Insurance Do?

Have you ever had expenses not covered by your major medical plan?

Unexpected medical bills can be devastating to your financial plans. Even the most robust insurance coverage is likely to leave you responsible for a portion of the costs. According to healthcare.gov, the average cost of a 3-day hospital stay is around $30,000, while comprehensive cancer care can cost hundreds of thousands of dollars.

So how do you protect yourself against these unexpected, and often large, costs? With supplemental insurance.

What is Supplemental Insurance?

Supplemental insurance provides employees cash when they need it most; when they are sick, injured, or unable to work. This cash can be used as needed to pay the out-of-pocket expenses that may not be covered by your major medical insurance, groceries, household bills, mortgages, etc. Today, even top-tier health insurance leaves the insured with more responsibility and higher out-of-pocket costs.

Aegis Insurance Markets is offering supplemental insurance through Aflac.

Aflac is voluntary insurance, or an optional layer of financial protection. And with healthcare costs on the rise, more Americans than ever are seeking an extra financial safety net for unexpected medical expenses.

Why Should Businesses Offer Supplemental Insurance?

Supplemental insurance is affordable and can prevent a medical event from becoming a financial crisis, which is great for individuals. But the benefits of supplemental insurance extend beyond, providing a positive impact on employers who want to offer it to employees, too.

Offering certain Supplemental plans can have a positive impact on reducing Workers Compensation Claims, ultimately reducing your Work Comp rates.

A more robust benefits package leads to more employee persistency and less turnover.

Aflac provides imperative Telemedicine at no cost to you or your employees. Every employee is eligible to take advantage of this benefit, whether or not they participate in other Aflac policies. Telemedicine is essential today, preventing unnecessary exposure at urgent care, doctors' offices, etc. Telemedicine can even assist your employees with triage and coordinating testing for COVID-19. The copay is only $25 at the time of the visit.

Learn More about Supplemental Coverage

Aegis clients now have access to a full suite of products for individuals, families, and businesses. Aflac policies help with everything from routine preventative care to critical illnesses.

Ask us how you can benefit from supplemental insurance coverage, including:

• Accident insurance
• Cancer insurance
• Hospital/ Gap insurance
• Dental insurance
• Disability insurance
• Critical illness insurance
• Life insurance
• Vision insurance
• Medical bill saver/ Health advocate
• Fraud and identity theft
• Legal and financial fitness
• Personal wellness coach
• College assistance plan
• AD&D

Aflac supplemental insurance provides an additional level of financial protection for you, your family, and your employees and their families. Be prepared in the event of a serious accident. Call us today to find out more at 530-582-6000.