Round out your benefits package with hospital indemnity insurance
Round out your benefits package with hospital indemnity insurance.
Is hospital indemnity insurance right for you?
Health insurance dedctibles can be higher than hospital costs, and occassionally standard medical insurance doesn’t cover the treatment you may need, so hospital indemnity benefits help bridge that gap. The policy will typically pay a cash benefit when an employee or dependent requires hospitalization or treatment due to an illness or injury.
Hospital indemnity coverage allows employees to focus on recovery and worry less about the financial stress of hospitalization and treatment.
Key Perks
Flexible designs, inlcuding daily hospital confinement, inpatient surgery, therapy, etc.
Guaranteed issue (no underwriting required)
Available for dependents
Portability options
Low participation for employer groups
What is the difference between hospital indemnity and critical illness?
Hospital indemnity insurance helps cover hospitalization costs. Critical illness insurance provides a benefit if you are diagnosed with a covered illness, such as heart attack, stroke, cancer, organ transplant, etc.
If you would like to discuss your insurance needs with an insurance specialist, please contact us today.
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Please review important information regarding the recent changes at Independence Blue Cross (IBC) and how they may affect you and your employees.