When a hospital stay brings unexpected bills, a Hospital Indemnity plan puts cash in your hands — to use however you need it most.
Hospital Indemnity insurance — also called Hospitalization insurance — pays you a benefit when you are confined to a hospital or receive certain other medical services, whether planned or unplanned. Unlike traditional insurance that pays providers directly, indemnity plans pay you directly — cash you can use however you choose.
These plans are specifically designed to help fill the gaps in Medicare Advantage coverage by providing funds to help cover copays, coinsurance, deductibles, prescriptions, and other non-covered expenses that arise from hospital stays.
Hospital stays can strain even the healthiest budgets. With Medicare Advantage, a single inpatient stay can trigger hundreds or even thousands of dollars in copays. A Hospital Indemnity plan helps absorb those costs.
Receive a daily or per-admission benefit for each day you are confined to a hospital as an inpatient — helping offset the per-day copays common in Advantage plans.
Emergency room visits often trigger significant copays. Your indemnity plan provides a benefit payment to help cover those unexpected costs.
Outpatient surgical procedures can come with substantial cost-sharing. Your plan pays a benefit to help offset those expenses.
Ambulance transport costs are often partially covered or excluded by Medicare. Indemnity benefits can help close that gap.
Extended stays in skilled nursing facilities can be costly even with Medicare. An indemnity benefit helps cover daily costs during recovery.
Depending on your plan, benefits may also apply to observation stays, physical therapy, diagnostic imaging, and other qualifying services.
Hospital Indemnity insurance is especially valuable for people enrolled in a Medicare Advantage plan. Advantage plans typically carry copays for inpatient stays that can reach hundreds of dollars per day for the first several days. A Hospital Indemnity plan is designed to offset exactly those costs — turning a potentially devastating bill into a manageable expense.
The benefit is paid directly to you — not the hospital. That means you can use it for medical bills, everyday living expenses during recovery, transportation, or anything else that comes up while you're healing.
We'll find a Hospital Indemnity plan that fits your current coverage and your budget — at no cost.