Essentially, dual insurance coverage allows employees to access both insurance plans – the primary and secondary – to cover their medical claim costs.
Since the combined coverage can reach or exceed 100 percent, dual coverage often means that employees don’t have to pay any out-of-pocket (co-pay) expenses.
How does it work if you have two health insurance plans?
Double coverage often means you’re paying for redundant coverage. You must make your claim with your “primary” plan first. The other plan can pick up the tab for anything not covered, but it won’t pay anything toward the primary plan’s deductible. You don’t get to choose which insurer will pay a certain claim.
Can you be covered by two insurance plans?
Read on to learn about primary and secondary insurance. Yes. You can have two health insurance plans! Having two health insurance plans is perfectly legal and many people have two under certain circumstances.
Is having two insurances worth it?
Not exactly, but having two or more health insurance plans does help cover any health insurance expenses better through the coordination of benefits provision. The most common example is when two spouses or domestic partners have health insurance and both of their employers provide a health insurance plan.
Do you still pay a copay if you have 2 insurances?
Normally patients that come in with 2 insurances should not be charged a copay. In most cases their secondary policy will pick up the copay left from the primary insurance. We recommend you bill those particular patients after both insurances process the claim for any remaining copay.