Category: Health Insurance

The need and value of supplementing your employer-provided health insurance plan depend on the components of your employer’s plan and your unique needs and preferences. Many people who receive solid health benefits through their employees do not buy supplemental plans, while others consider them vital to managing the financial side of their family’s health care. If you live in or near Orland Park, IL, consider contacting RetireMax Insurance. Our team will answer all your health insurance and supplemental insurance questions.

What is Supplemental Health Insurance?

Supplemental health insurance is any policy covering a portion of your health care in addition to one of the core choices available through your employer’s core health plan. For example, many employees opt to acquire supplemental dental and vision plans during their annual enrollment period. Both are supplemental policies, even when the employer subsidizes them.

There are many supplemental insurance plans available. Whether or not they make sense for you depends on your situation and the comprehensiveness of your employer’s plan. Among the most common supplemental plans on the market are the following:

• Long-term disability – Provides income when you suffer a disability that keeps you from working or working at your full capacity.
• Long-term care – Covers the cost of adult day care, assisted living facilities, or similar assistance due to disability or age.
• Critical illness – Pays treatment costs related to treating specific named diagnoses.
• Hospitalization – Pays for hospital costs that exceed your core policy’s daily or stay rate.

Supplemental Health Insurance with RetireMax Insurance 

If you live in or near Orland Park, IL, and want to discuss whether supplemental insurance is right for you or your family, call the RetireMax Insurance team at 708-388-9979. We’ll happily discuss your needs and structure a plan as needed.

Having health insurance helps protect you if you have a medical problem or need care. This insurance can also make it easier to get regular checkups and medications. But you want to be sure you’re finding coverage that meets your needs. If you’re in the Orland Park, IL area and in need of healthcare coverage, RetireMax Insurance is here to help.

Here are seven important tips to consider, to make getting the best coverage for your specific situation easier.

7 Tips for the Best Health Insurance Coverage

1. Understand your current healthcare needs.
2. Consider future needs as much as possible.
3. Be prepared if your family dynamic changes.
4. Consider getting the highest reasonable coverage level.
5. Compare options and offers for the best deal.
6. Don’t be afraid to review and change policies.
7. Work with a trusted agent for advice and information.

Remember, there are several factors to consider when you get a health insurance policy. If you know you’re going to be marrying and expanding your family soon, for example, you might want to go with a company that has good maternity coverage. Planning for the future, at least the parts of it you’re already aware of can be a great way to get quality coverage that meets your needs for a longer period of time.

We Are Here To Help

You want to have a policy that fits the kind of healthcare you need, but those needs could also change unexpectedly. Flexibility matters, particularly as you age. By reaching out to one of our agents at RetireMax Insurance in the Orland Park, IL area, you can get answers to your important insurance questions and see what kinds of policy options you have, as well. Not only does good health coverage help protect your body for the long term, but it can also give you a lot more peace of mind.

RetireMax Insurance services the city of Orland Park, IL and surrounding areas. Besides offering reputable insurance products, RetireMax Insurance also invests its resources in providing helpful answers to frequently asked questions. One common question that we often hear pertains to the difference between health insurance and life insurance.

Here’s what you need to know:

What You Need to Know About Life Insurance In Illinois

You may be wondering whether to invest in a health insurance plan. If you have life insurance, you may also wonder if it’s enough. Life insurance protects your family financially by providing your beneficiaries with a lump sum of cash when you pass. On the other hand, health insurance addresses a different but crucial need.

Why Health Insurance Also Matters

We all take good health for granted, but are you prepared for the unexpected should your health fail? This is where health insurance comes in. Health insurance can be the financial buffer when you fall ill and have to cover unexpected high medical costs. It typically covers hospitalization expenses, doctor visits, prescription drugs, and other associated costs.

All you have to do is pay your regular monthly premiums on time. If you choose a plan with a deductible, it means you also have to pay a specific amount to pay for covered health care services before your insurance plan takes over. You can choose your desired coverage, though comprehensive coverage comes highly recommended. The good news is that you can find customized health insurance options to suit your needs or pocket. For instance, your health insurance coverage may be short-term, or you can find policies that supplement your major medical plan. 

Give Us A Call

As you can see, health insurance serves a very different purpose from life insurance. Generally, experts recommend that you have both types of insurance for added peace of mind.

Are you interested in learning more about health insurance? The professionals at RetireMax Insurance can help. We serve the greater Orland Park, IL community, so don’t hesitate to contact us today.