Hospital Indemnity
Benefits
Covers gaps in major medical insurance: Helps pay costs that your primary insurance doesn’t cover.
Offers financial protection: Prevents hospital bills from depleting your savings.
Flexible to use: The cash benefit can go toward any expense, not just medical bills.
Provides peace of mind: Knowing you have extra coverage if an unexpected hospitalization occurs.
Hospital indemnity insurance is a type of supplemental insurance designed to help cover the out-of-pocket costs associated with a hospital stay. It provides a fixed cash benefit directly to you—regardless of other insurance coverage—when you are hospitalized due to illness, injury, or surgery.
Hospital indemnity insurance is ideal if you want extra financial support during a hospital stay, especially if you’re:
Enrolled in a high-deductible health plan
Looking for added financial security during hospitalization
Protecting your savings from unexpected hospital costs
On Medicare and want help with out-of-pocket expenses
Who This Fits Best
Here’s what you can expect if you enroll in a hospital indemnity plan:
You pay a monthly premium for the policy
If you are admitted to a hospital, the plan pays a pre-determined cash amount per day, per stay, or per specific medical event
You can use the benefit any way you choose—to cover deductibles, co-payments, transportation, or everyday living expenses
How It Works
Health insurance helps cover medical care, but it doesn’t always protect your wallet from everything that comes with a hospital stay. Hospital indemnity coverage can help fill that gap with added financial flexibility. It may be worth taking a fresh look at whether it’s a good fit for you.
Get Personalized Hospital Indemnity Guidance
Hospital stays can bring unexpected costs. We’ll help you explore hospital indemnity coverage and choose a plan that fits your budget.