What is “metal gap” insurance?


October 26, 2015 by Tony Novak

This graphic does a good job explaining the concept. I am not clear whether the term used in the graphic refers to a specific product or trademark but I mean to use the concept for general explanation purposes here.

metal gap

The general concept is that metal gap is supplemental insurance that helps pay all or a portion of the out-of-pocket costs built into the design of primary insurance policies. I know some people use them as their only coverage but that is risky.

One thought on “What is “metal gap” insurance?

  1. One great thing about supplemental insurance is that it is not subject the the ACA rules that may trigger excise taxes.

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