Voluntary Benefits Coverage
Supplemental Health
Close the gaps left by major medical coverage with hospital indemnity, cancer, and other supplemental plans.
Basic overview
Supplemental health plans are designed to pay benefits for specific health events and expenses that a major medical plan may not fully cover. Hospital indemnity pays for hospital stays, cancer plans provide benefits for cancer-related treatments, and other options cover specific illnesses or hospitalizations. Benefits are paid directly to employees and can be used for any expense.
What this coverage typically includes
- Hospital indemnity for overnight stays and ICU visits
- Cancer insurance for treatment and recovery costs
- Heart and stroke supplemental coverage
- Fixed daily or per-occurrence benefits
- Direct cash payments to employees
Why it matters for your team
Even with good health insurance, deductibles, copays, and non-medical expenses add up quickly. Supplemental health plans help employees manage those gaps.
Best for
- Employees with high-deductible health plans
- Families who want extra financial protection
- Employers looking to round out a benefits package
Frequently asked questions
Common questions about supplemental health for Arkansas employers and employees.
What is hospital indemnity insurance?
Hospital indemnity insurance pays fixed cash benefits for hospital stays, ICU admissions, and related services. It helps cover the out-of-pocket costs that can come with a hospital visit.
How does supplemental health insurance fill gaps?
Major medical insurance covers many medical expenses, but employees may still face deductibles, copays, and non-medical costs. Supplemental health plans pay cash benefits that employees can use however they need.
Can employees choose which supplemental plans they want?
Yes. Employees typically choose the plans that fit their needs, such as hospital indemnity, cancer insurance, or heart and stroke coverage.
Are benefits paid directly to the employee?
Yes. Benefits are paid directly to the employee as cash, so they can use the money for medical bills, household expenses, lost income, or anything else.
Is supplemental health insurance expensive?
Supplemental plans are generally very affordable, especially when offered through an employer. Rates depend on the employee's age, the benefit amount, and the type of coverage selected.
Can these plans be offered with a high-deductible health plan?
Yes. Supplemental health plans are a popular pairing with high-deductible health plans because they help employees manage the higher out-of-pocket costs.
Ready to learn more?
Dogwood Benefit Solutions works with employers across Central and Southern Arkansas to design voluntary benefits packages that fit your workforce and budget.