Definitions for "Supplemental Insurance"
Insurance (whether life or health) that is over and above the basic coverage provided under the policy.
Also called secondary coverage, supplemental insurance fills gaps in Medicare coverage by helping to pay for the portion of health care expenses that Original Medicare does not pay for, such as deductibles and coinsurance. Supplemental insurance includes Medigap plans and retiree insurance from a former employer. Supplemental insurance may offer additional benefits that Medicare does not cover.
Insurance policies designed to supplement other basic coverage.