HOW A GAP INSURANCE PLAN WORKS
A gap plan doesn’t replace your group’s major medical health insurance policy, but you’ll want to adjust your major medical plan to achieve the desired results.
To get the biggest impact, raise the deductible on your major medical policy. We typically suggest you try to move it to $5,000.
You then set up a gap plan to cover medical expenses from whatever deductible you pick up to that $5,000 major medical deductible.