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Supplemental Major Medical Insurance

What Does Supplemental Major Medical Insurance Mean?

Supplemental major medical insurance is a policy that covers expenses that a basic medical plan does not. Once medical expenses exceed the latter's coverage amount, the former comes into effect.

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Insuranceopedia Explains Supplemental Major Medical Insurance

Typically, the insured individual's basic health insurance reimburses them for covered expenses, usually without a deductible. Once expenses exceed this coverage, the supplementary policy covers a certain percentage of the amount above the corridor deductible, or the deductible between the two plans. However, there is often a limit after which it reimburses medical expenses in full.

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