What is Hospital Indemnity Insurance?
Hospital Indemnity Insurance is designed to help fill some of the co-payments, deductibles and out-of-pocket expenses of your health insurance plan. Cash benefits are paid directly to you to help cover the costs associated with hospital confinement, ambulance trips, skilled nursing stays and more.
How does it work?
Should you be confined to a hospital, a hospital indemnity plan will pay you between $100 and $600 per day based on the plan you select. You can choose a 3-day, 6-day, 10-day, 21-day or a 30 day benefit period, which will restore after 60 days of no hospital confinement.
Why do I need it?
Unexpected medical costs can add up – even if you have health insurance. Hospital Indemnity is an affordable way to help protect your savings from all the costs of deductibles, co-pays and additional expenses not covered by your major health insurance plan or Medicare Advantage plan. Benefits are paid directly to you so you can use the funds any way you choose.
Contact us to learn more about the right hospital indemnity coverage for you.