Cash benefits are paid directly to the member to help cover the costs associated with hospital confinement, ambulance trips, skilled nursing stays, or household expenses while hospitalized. Benefits are payable no matter what other medical coverage the member may have.

Hospital stays can have a lot of costs associated that are non-medical and not covered by health insurance. Having the cash benefit can offset some of those costs and greatly reduce the out-of-pocket amount your clients will end up paying for things like transportation, a mortgage, meals for the spouse, lost time at work for the spouse, or prescription drug costs.

A hospital indemnity plan will help pay for out-of-pocket expenses associated with:

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    Daily hospital confinement
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    Ambulance trips
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    Cancer
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    Dental/vision​​​​
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    Short duration hospital stays
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    Observation stays
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    Outpatient surgery
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    Skilled nursing facilities 

Optional add-on riders typically include:

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    Lump sum cancer
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    Lump sum hospital confinement
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    Nursing home confinement
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    Ambulance services 
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    Daily skilled nursing facility
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    Outpatient rehabilitation services
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    Accidental death and dismemberment

Articles on Hospital Indemnity

Our Hospital Indemnity Carriers

Bankers Fidelity
Bankers Fidelity
Equitable Life & Casualty Insurance Company
Bankers Fidelity
Medico Insurance Company
Equitable Life & Casualty Insurance Company
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