Examples of primary stakeholders are employees, customers and suppliers. Secondary stakeholders are people or entities that do not engage in direct economic transactions with the company.

As a general rule, secondary coverage abroad will effectively act as primary coverage since most personal car insurance policies aren’t applicable outside the U.S.

Medicare will generally be the primary payer and your additional insurance plan will be the secondary payer. Secondary payers can help cover out-of-pocket costs and services Medicare doesn’t cover.