Supplemental insurance plans are different from major medical health insurance plans and are sometimes referred to as ancillary benefits - they can be bought independently from a health insurance plan, or in addition to one. There are certain situations when it may be helpful to consider supplemental insurance plans. You might choose to get supplemental insurance to fill gaps in
coverage – for example, while you’re waiting for health coverage under a new job to kick in. Or, you might choose supplemental insurance plans to make sure you’re covered in a “worst-case” scenario.
Supplemental insurance plans may also be a good alternative if you’re not able to afford major medical coverage, or you’re trying to enroll in a health plan outside of the annual Open Enrollment period and don’t have a qualifying life event. There are many different types of supplemental insurance products and availability of certain types of plans can vary by location
Short-term insurance can be a good option if you’d like some coverage for a short, temporary period, or if you’re generally healthy and don’t need really robust coverage. Plans usually cover services like certain prescription drugs, ER services, and office visits that aren’t related to pre-existing conditions. You can enroll at any time which makes it a good option if you are waiting for other coverage to start or need coverage
outside of Open Enrollment.
Typically, critical illness plans either provide coverage for a single illness or a range of conditions (such as cancer, stroke, etc.). Working alongside basic health care coverage, you critical illness plan pays out a lump sum, which ranges depending on your level of coverage.
Accident insurance is a type of supplemental insurance that covers you if you’re severely injured in a “worstcase scenario.” Coverage details vary by plan, but accident insurance may cover serious illnesses such as burns, paralysis, or loss of limb. If you get this type of supplemental insurance, your plan may cover costs like emergency room services, ambulance or hospital transportation, or inpatient services.
Hospital indemnity insurance supplements your existing health insurance coverage by helping pay expenses for hospital stays. Depending on the plan, hospital indemnity insurance gives you cash payments to help you pay for the added expenses that may come while you recover. Typically plans pay based on the number of days
of hospitalization. Even if your medical insurance covers most of your hospitalization, you can still receive
payments from your hospital indemnity insurance plan for extra expenses while recovering.
Welcome to our appointment calendar! Here it is easy to schedule an appointment with us to discuss your insurance options. Select the time you think you will need and select a date and time when we are available. You will receive a confirmation email and reminder emails when the appointment approaches.
The Federally facilitated Marketplace requires insurance brokers/agents to provide a Privacy Notice Statement to all Marketplace clients via a public-facing website or electronic or paper form before collecting Personally Identifiable Information (PII). This notice describes how medical information about you may be used and disclosed and how you can get access to this information. Please review it carefully.
Insuring Sources, Inc. is authorized to collect Personally Identifiable Information (PII) from you. Any PII we collect is used to assist with your health insurance eligibility, and may be shared or disclosed in the following ways:
We may use and share your information as we:
• Assist with your enrollment for health insurance coverage through the health insurance Marketplace and determine subsidy eligibility. The information you provide may be submitted to CMS (a Federal agency) and will be maintained in a Federal system of records.
• Help manage verifications and information requested by you, your insurance carrier, and the Marketplace, such as:
• Income, tax household size, citizenship or eligible immigration status,
permanent move, divorce, marriage, the birth of a child, adoption, social
security number, tax filing, and premium tax credit reconciliation, Federally recognized tribe status.
• Claim, billing inquiries, and premium payment information
• S.A. enrollment
• Other information we receive from you as requested on insurance enrollment
forms and applications.
• We can use and share your information to run our organization and contact you when necessary. We use health and demographic information about you to develop better services for you.
If you choose to give us PII, we may share this information with certain entities under the following circumstances:
• Comply with the law. We will share information about you if a state or federal laws
require it, including with the Department of Health and Human Services if it wants to
see that we’re complying with federal privacy law.
• Address workers’ compensation, law enforcement, and other government requests
• Respond to court or administrative orders, lawsuits, legal actions, subpoenas, and health oversight agencies for activities authorized by law.
• We may be required to collect specific personal information about you as required by the law and insurance carrier. If you choose not to provide us with the PII requested, or not to respond to specific questions, your enrollment may be denied or delayed, and we will inform you of such consequences
• We are required by law to maintain the privacy and security of your protected health information.
• We will let you know promptly if a breach occurs that may have compromised the privacy or security of your data.
• We must follow the duties and privacy practices described in this notice and make the information available to you.
• We will not use or share your information other than as described here unless you tell us we can in writing. If you tell us we can, you may change your mind at any time. Let us know in writing if you change your mind
We can change the terms of this notice, and the amendments will apply to all the information we have about you. The new notice will be available upon request and on our website.
Regular commissions: Most revenues come from regular commissions paid on policies placed through Insuring Sources, Inc. varying by product and insurer. Commissions change annually and will range from a percentage to flat dollar amount and can also be paid based on the number of family members enrolled.
Overrides: few of the insurers that Insuring Sources, Inc. also grants Insuring Sources, Inc. the opportunity to earn an override. These overrides are based on Insuring Sources, Inc.’s collective volume of business. These overrides are modest and are used for supportive
services.
We value our customers and your trust in us and protecting your privacy is of extreme importance to us. This notice describes the data we collect and how we use, share and protect that data.
We collect Personal Identifiable Information (PII) from the following sources: Information provided on your applications and ancillary forms; Information about your transactions with us, and our affiliates; Information we receive from third parties, including contracted and non-contracted agents, agencies, and insurance carriers. This information can be collected in person, via phone communication, by mail, fax, email, and other necessary electronic means.
Your PII will be used and/or disclosed only o the extent necessary for the person’s or entities intended purposes and has not been used, altered or destroyed in an unauthorized manner.
Persons or companies that perform services on our behalf; Other insurance institutions with which we have joint marketing agreements as permitted by law; Other insurance support organizations for use in connection with an insurance transaction or to prevent fraud; An insurance regulatory authority; Law enforcement or other governmental authority to prevent or prosecute fraud or other unlawful activities;
The Health Insurance Marketplace and other governmental authorities, such as the IRS, CMS, ACHA, as required for the purposes of obtaining insurance benefits and tax premium subsidies; If applicable, an insurance carrier or the federal government for reporting claims or as a response to an audit.
We do not disclose any nonpublic information about you to either our affiliates or non-affiliates for any purpose other than to provide you with insurance products and services.
Your Right to Access, Verify and correct your PII. You have the right to request reasonable access to your nonpublic personal information. You may not access your personal information that relates to and is collected in connection with or in reasonable anticipation of a claim or a criminal or civil proceeding. If you believe the information we collected about you is inaccurate, you have the right to request in writing that we amend, correct or delete it. We are unable to request or implement changes to erroneous information that was submitted to insurance entities or the federal government on your behalf.
We restrict access to nonpublic personal information and only allow disclosures to persons and companies as permitted or required by law to assist in providing products or services to you. We maintain physical, electronic, and procedural safeguards to protect your nonpublic personal information. Should your relationship with us end, we will maintain and only disclose your nonpublic personal information in accordance with this Privacy Policy as required by law.
