How to Find a Subsidiary Health Insurance

Often times, having health insurance isn't enough to cover all the expenses of being sick or injured. Having two separate insurance plans can become pricey, so you may want to look for subsidiary health insurance. This is a supplemental insurance (also known as secondary coverage) that is used to help cover the costs your standard health insurance company doesn't and may even give you money towards the deductibles of your other coverage. Subsidiary health insurance usually is less expensive than standard insurance, but can be a life saver if you are injured or sick for an extended period of time.

Instructions

• 1

  Look up different subsidiary health insurance plans from different companies. Some of the leading supplemental health insurance companies include United American, AARP and Aflac. (See Reference 2.) These companies have websites that display all of the plans and costs.

• 2

  Compare the plans to the health insurance you currently have. You need to make sure the subsidiary health insurance covers the gaps you currently have in your health insurance.

• 3

  Check out the price of the subsidiary health insurance. Typically it is low and doesn't cost much per month (the deductible is also going to be low or nonexistent.) You need to make sure the supplemental health insurance is cheaper than what it would be to just expand the coverage of your current health insurance.

• 4

  Sign up for the extra coverage. You can do this online through the company's website. The coverage becomes active once the first payment is processed. For most subsidiary companies there is no health screen or exam required.