Most widely available supplemental medical insurance

Leave a comment

November 18, 2015 by Tony Novak

A common question is “What supplemental insurance is available in ____ (your state)?” The response varies in each state and varies over time with plans entering and exiting the market. But perhaps the most stable and widely available supplemental insurance is Value Med. This policy pays in addition to other benefits so it is a great combination with high deductible low cost Obamacare coverage for modest income employees.

When the employer pays this cost, the benefit is excluded from the requirements of the Affordable Care Act and is a tax-free benefit to the employees. The Value Med policy might cover most of a typical employees’ medical expense for the full year before they even reach the deductible limit of their primary coverage.

 

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: