I'm applying for health insurance at my job for the very first time and some of this terminology is new and confusing to me. Could someone please explain to me (as if i were a 5 year old) what an optional rider is? Should i want this? What should i be looking for in an optional rider?
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a rider is anything that you attach onto the policy. It "rides on" the base policy. The option part means you can choose to have it or not. It can be anything from additional coverage above & beyond what they are offering you (which you would pay the additional cost on) to other services like dental coverage, accidental life insurance, family additions, disability insurance. There are many different options as each employer has different things to offer.
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