Yes, in some cases, a few people can come out ahead with the supplemental insurance. But, most people do not. These insurance companies have a hugh profit margin, with very low risk. That is why they spend millions and millions of dollars on advertisements. If you can afford the co-pays, you are statistically better off without the insurance. Also, if you are lucky enough to have time to schedule an expensive procedure in advance, you can buy the insurance in the calendar year before the procedure and take advantage of the insurance. Overall, the vast majority of people who pay for the insurance for 15 or 20 years, will lose money.
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