This post is sponsored by Aflac. I was compensated for writing it, but all opinions are 100-percent mine.
Supplemental Insurance You Need to Consider as a New Employee
Being a millennial I’m still learning how to be an adult, especially when it comes to medical needs like supplemental insurance. It’s something that I never understood well until I sat down with my best friend who sells insurance and she explained more to me. Now I realize that I have a lot to consider.
What Supplemental Insurance Is
When you become a new employee, especially when you’re fresh out of college, you get health insurance but it may not cover everything you need. That is where supplemental insurance comes in to help cover any holes you may have in your major medical insurance coverage.
The biggest concern when it comes to health insurance is that people don’t understand what they are paying out of pocket until that need comes up. I hear the story time and time again from my friend: after paying out of pocket, people search out supplemental insurance so that they won’t have to worry about that emergency if it happens again.
With Aflac supplemental insurance, you are paid cash when you become ill or injured. Take that money and turn the focus into getting better instead of worrying about the health bills. I remember sitting down with my mom the first time I received a medical bill and going over it. The price for some of the care was beyond anything I thought, but thankfully I was covered by my major medical insurance.
Family History and Specific Needs
I started my own family when I turned 23, and as a young parent I realized that I needed to understand more of my financial and health situation. Making sure that I am here for as long as possible for my family and securing myself for the future is part of that. Money isn’t the only thing that I need to worry about, covering medical needs that run in my family are just as important.
Cancer is the biggest concern for people in my family. My grandmother had it, my grandfather had it twice and not only was it brutal on them physically, but seeing the financial toll they experienced because their major medical insurance didn’t cover everything was horrible.
At almost 30 with 2 children, I’m not going to settle for the “what ifs” anymore. My family deserves more and it’s worth the cost to me because according to a Duke University Medical Center study, it can cost as much as $1,266 out of pocket for cancer treatment if you’re privately insured. There is no way I could make those numbers work in my favor without causing debt if I didn’t have supplemental insurance. Aflac supplemental insurance has many different policies that you can apply for to help make sure you are covered. Looking at these policies when you first start working will help get you stable should anything arise.
Clear Health Care Costs, “By the numbers: Out-of-pocket costs for cancer treatment,” accessed July 19, 2016 – http://clearhealthcosts.com/blog/2011/08/by-the-numbers-out-of-pocket-costs-for-cancer-treatment/
Policies may not be available in all states. Limitations and exclusions may apply. Benefits are determined by state and plan level selected. Coverage is underwritten by American Family Life Assurance Company of Columbus. In New York, coverage is underwritten by American Family Life Assurance Company of New York. WWHQ | 1932 Wynnton Road | Columbus, GA 31999.
I was selected for this opportunity as a member of Clever Girls and the content and opinions expressed here are all my own.