1. It reduces out-of-pocket costs
Paying for medical aid out of your own pocket can be a pretty painful experience. With hospitalization, checkups, and other medical services becoming more expensive by the year, it will be wise if you have something that will somewhat soften the blow. This is why you get health insurance to begin with. Getting multiple insurance covers will help significantly in reducing your out-of-pocket costs for any medical service.
2. It provides extra coverage
While some health insurance companies provide a large amount of coverage for the price you pay, there will always be some things your insurance can’t help you on. This is where your secondary insurance can come and save your day. A secondary health insurance may cover specific services and treatments that your primary insurance wouldn’t and vice versa. Such an extensive cover can come in handy should an emergency strikes.
3. It provides protection from denials
Aside from boosting your coverage and reducing your costs, a secondary health insurance can provide a backup plan in the event of a rejection. Getting your insurance claim rejected for any reason can be a serious blow, especially if you’re availing of a relatively expensive medical intervention. With 2 covers you can use, the probability of you going unprotected for a specific ailment becomes significantly lower.