Monday, March 5, 2018

Health InsuranceHow Does Dual Health Insurance Work

Health InsuranceHow Does
Hello, my name is Vic Schumacher. The company
is HPE Financial Services. It's my understanding, you're trying to understand, how dual health
insurance works. By definition, dual health insurance, is when there are two different
policies, one from one carrier, one from another carrier.

One becomes the primary. One becomes
the secondary. The companies can work together in paying the claims, that you might file.
It's just a matter of who's going to pay the most, and who's going to pay the secondary?
The companies have to coordinate and work this together. It is possible to have dual
health insurance, but it's also very expensive, because you're going to wind up paying for
two different policies.

Maybe your employer can handle one section. Maybe on an individual
policy, you might have to handle the other section. My best suggestion to you is, do
you really need dual coverage? Can you afford dual coverage? It's nice to have it, if you
are going out of the network, where the service is normally provided, but is it always necessary?
Contact a good adviser in this particular area, talk to them about your particular needs,
and have them direct you to one or two different companies, that can handle this for you. HPE
Financial Services is our company.

My name is Vic Schumacher, helping people every day..

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