I'm changing the status of my job. What is the best supplemental health insurance?

Question

Just wondering about Bluecross/Blueshield. I would also need short-term disability and long term as well. Any suggestions?

Answer 1

There are 50 different BC/BS plans, one in each state, so it totally depends on what state you are talking about.
In my state, its a pretty good plan with decent prices, but in other states it is really not that good.
So, it completely depends.
If you are moving away from an employer sponsored health plan where the employer subsidizes your premiums and you are headed into an individual plan, be prepared for a very large price increase.

And it is a very very good idea to get both ST and LT disability policies, if you can afford them. They are relatively inexpensive compared to what you have to lose in income if you become disabled.

Answer 2

Supplemental insurance is actually coverage like cancer, heart, stroke, critical illness, accident coverage and stuff like that. It normally pays directly to you in event of the covered peril. It is meant to be purchased to help cover costs and expenses that your health insurance doesn't cover. I use Colonial for supplemental plans for my clients that want this coverage. Short and long term disability can usually be purchased by the same company that writes the health insurance. However, supplemental carriers usually have short term disability, too that you can purchase. I am not a fan of BCBS, but BCBS is different in every state. I suggest that you ask around and find a good independent insurance agent in your area that can help you with this. Products are not the same in every state, so someone local would be your best source of information for where you live.