For example, Pam and Gloria experience a biking accident. Pam and Gloria both purchased a major medical plan with a high deductible of $2,000; however, Gloria wanted to mitigate the high deductible and coinsurance expenses, just in case. So, she decided to buy a supplemental health insurance plan. With a supplemental accident policy, Gloria was able to choose a policy with a max $25,000 benefit level, which only cost her $4.80 per month.
Four months after purchasing their insurance plans, the ladies went biking together and took a tumble. Both women broke a forearm and required an emergency room visit, surgery to reset the bones, and three days in the hospital. If the total amount of their medical fees came to $10,136, take a look at our nifty infographic to discover what both ladies pay out-of pocket.