Hospital Indemnity Insurance
The value of hospital indemnity insurance
Hospital indemnity insurance can help fill the gaps and cover unexpected costs that an employee’s health insurance may not – so they are prepared to handle the expenses associated with a hospital stay.
How hospital indemnity insurance works
Hospital indemnity insurance pays a supplemental cash benefit when an illness or injury results in a hospital stay. It pays in addition to any other insurance employees may have and they’re free to use the benefits for anything they need.
The cash benefit from hospital indemnity insurance can be used to:
- Pay for out-of-pocket medical expenses
- Cover hospital deductibles and co-pays
- Pay for services not covered by health insurance
- Supplement daily living expenses
- Pay mortgage/rent
- Cover child/adult care
Designed with employers and employees in mind
Employer Benefits
- Available with voluntary, non-contributory, and contributory options
- Flexible plan designs
- HSA compatible benefits available
- Can be packaged with other group insurance products on one bill
Employee Benefits
- Easy to understand benefits
- Pays a cash-benefit directly to the insured
- Added financial protection to help focus on recovery
Optional Features and Services
- HSA Compatible benefits
- Health screening benefit
- Express benefit
- Child sports injury benefit
- Coverage options for spouse and/or child(ren)
- Continuation of coverage
- Portability
Enrollment Made Easy
We provide a streamlined strategy to educate employees and keep the cost of enrollment low. We will work with you to help consult, plan, and execute enrollment.
We provide:
- Pre-enrollment strategy and planning meeting
- Pre-enrollment communication materials (postcards, emails, videos)
- Personalized enrollment forms and simple needs-based benefit communications
- On-site group meetings
- Professional enrollment representatives (bilingual)
- Partnership with trusted third-party enrollment resources that specialize in group benefits