It will feed the coraline, but you only need to add calcium if you have inhabitants that are using calcium. You should test your tank to see how much Ca it's using. This will help you determine how much you should supplement.
There are a lot of recommendations for many different products. Most people drip Kalk, which can be made from Mrs. Wages Pickling Lime, available at Wal-Mart, and fresh RO water. However, this won't raise Ca, it will just help maintain it. It can cause a massive pH spike if you don't use a very slow drip, so you'll want to do a lot of research before you try it.
Before you add anything, you should get a baseline reading for your tank to determine if it's necessary to begin supplementing. If you're not using much Ca, you might be fine with regular water changes and no supplementation. I've run successful tanks w/out any supplementation. It just depends on your situation and preference.