What type of insurance policy helps cover out-of-pocket expenses not covered by primary insurance?

Supplemental insurance is designed to cover expenses that are not included under a primary insurance policy. This can include costs like deductibles, copayments, and coinsurance that arise from medical bills. Supplemental insurance can help reduce the financial burden on an individual by filling in the gaps of the primary insurance coverage.

For example, if a primary health insurance plan has a high deductible or set copayment for certain services, a supplemental policy can help pay for those specific out-of-pocket expenses, ensuring that the insured has additional financial support when needed.

Other types of insurance mentioned, such as catastrophic insurance, are aimed at providing coverage for very high medical expenses after a significant deductible is met, rather than addressing out-of-pocket costs related to routine or less severe medical issues. Universal insurance generally refers to a system of health care and isn’t typically seen as an individual policy to cover specific out-of-pocket costs. Basic insurance often provides a set level of coverage but may not specifically address the additional out-of-pocket expenses incurred.