Hospital Indemnity Insurance
Explore how Hospital Indemnity coverage seamlessly enhances Medicare and Medicare Advantage Plans, offering vital financial protection against unforeseen out-of-pocket expenses.
Maximizing Healthcare Protection
Enhance your healthcare coverage with Hospital Indemnity coverage paired with Medicare. This supplemental insurance policy provides financial support for hospital stays by offering fixed cash benefits per day, covering expenses like deductibles and copays not included in your Medicare plan. Stay prepared for unexpected costs with flexible spending options.
Protecting Your Finances
A hospital stay can be upsetting — to your health, your wallet, and your family. Even if you have other medical insurance, some costs may not be covered. That’s when Hospital Confinement Indemnity insurance can provide peace of mind in your time of need.
Note: This is a fixed indemnity policy, NOT health insurance.
Product Main Benefits
Hospital Indemnity insurance complements your existing health insurance by giving you cash to help with the costs your plan doesn't cover.
No deductible to Meet
1st dollar coverage - a fixed benefit is paid for covered expenses once the expense is submitted. No deductibles!
Go anywhere for care
No restrictions on where you get care. Benefits pay set amount regardless of what doctor or facility you use
100% of Benefit
100% of benefit for coveredd cost is paid regardless of other insurance coverage or what the service actually cost.
Bridging the Healthcare Gap: Hospital Indemnity Coverage
Discover how Hospital Indemnity coverage works seamlessly with Medicare and Medicare Advantage Plans to provide essential financial protection against unexpected out-of-pocket costs not covered by traditional plans. Learn how this supplemental insurance can safeguard your finances and enhance your healthcare coverage.
How Hospital Indemnity Coverage Works with Medicare:
Hospital Indemnity coverage complements your Medicare plan by filling the gaps in coverage, such as copays and deductibles for hospital stays and medical services. This additional insurance ensures that you are fully protected from unforeseen expenses, giving you peace of mind about your healthcare costs.
Benefits of Hospital Indemnity Coverage with Medicare Advantage Plans:
If you're enrolled in a Medicare Advantage Plan, Hospital Indemnity coverage steps in to cover copays and deductibles not included in your plan. This extra layer of financial protection bridges the gap and provides security against unexpected medical expenses, helping you maintain control over your healthcare costs.
Protection from Unexpected Out-of-Pocket Costs:
Hospital Indemnity coverage acts as a safety net, shielding you from unexpected out-of-pocket costs beyond what your Medicare or Medicare Advantage Plan covers. By enrolling in this insurance, you can protect your finances and avoid financial strain due to unforeseen medical expenses.
Take charge of your healthcare finances today.
Request an appointment with our team to explore the benefits of Hospital Indemnity coverage and secure your financial well-being. Call us at 1-833-265-9655 or fill out our contact form to schedule a personalized consultation.
Understanding Hospital Indemnity Coverage with Medicare
Hospital indemnity coverage, when paired with Medicare, serves as a supplemental insurance policy aimed at supporting individuals with out-of-pocket expenses during a hospital stay. This coverage complements Medicare by offering fixed cash benefits per day, covering costs like deductibles, copays, and other expenses not fully covered by Medicare.
Key Features of Hospital Indemnity Coverage with Medicare:
Supplemental Coverage: Acts as an additional layer of protection to supplement Medicare Part A.
Cash Benefit: Provides a set daily cash benefit for each day of hospitalization that can be used at the policyholder's discretion.
Flexibility: Offers policyholders the freedom to use the benefit amount for various expenses related to their hospital stay.
Riders Available: Optional riders are often available to cover specific scenarios such as ambulance services, skilled nursing facility stays, or cancer treatment.
No Network Restrictions: Typically, no specific provider network is required, allowing policyholders to choose where they receive care.
Who Could Benefit from Hospital Indemnity Coverage with Medicare:
- Individuals with high-deductible Medicare Advantage plans
- Those concerned about significant out-of-pocket costs during hospital stays
- Individuals seeking flexibility in utilizing coverage for various needs related to hospitalization
Contact us for help with your coverage options 1-833-265-9655