Hospital Indemnity Insurance
What is Hospital Indemnity Insurance?
Extra protection when you need it most.
Even with good health insurance, a hospital stay can leave you with unexpected expenses — deductibles, co-pays, or non-medical costs that add up quickly. Hospital Indemnity Insurance is a supplemental policy that pays cash directly to you when you’re admitted to the hospital due to an illness or injury.
It’s not meant to replace your health plan — it’s meant to help you manage costs that your health plan doesn’t cover, especially if you have a high deductible or a large maximum out-of-pocket (MOOP).
How It Works
Hospital indemnity coverage pays a fixed benefit when you’re admitted to the hospital. Depending on your policy, it may also pay for:
- ICU stays
- Outpatient surgeries
- Emergency room visits
- Skilled nursing or rehab stays
You can use the money however you need — whether that’s covering medical bills, transportation, groceries, or making up for lost income.
Why It Matters
- Helps reduce your MOOP by covering out-of-pocket costs
- Provides financial relief during recovery
- Covers gaps your health insurance doesn’t
- Flexible payout – use the cash any way you choose
- Affordable plans with options to fit most budgets
Is It Right for You?
If your health plan has a high deductible or if you want peace of mind knowing a hospital stay won’t wreck your budget, hospital indemnity insurance is worth a look. It’s especially helpful for families, older adults, and anyone managing a tight monthly budget.
Let’s chat. We’ll walk you through your options and help you decide if hospital indemnity coverage fits your needs and helps protect your wallet.
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