Hospital Indemnity Plans

Protection Against Out-of-Pocket Costs

Hospital Indemnity Plans are a way to add coverage that will allow you to pay for certain out-of-pocket costs. These indemnity plans pay you a predetermined amount when you receive treatment or are diagnosed with certain conditions.

Although they can be used with either Original Medicare or Medicare Advantage, we believe that they are well-suited companions for Medicare Advantage plans. This is because you can mirror the benefits to roughly match some of the out-of-pocket costs associated with many Part C Plans.


For example, if your Medicare Advantage Plan has a copay of $300 per day for the first six days, we can mirror that out-of-pocket cost with a Hospital Indemnity benefit that will pay you $300 per day for 6 days. You would be paid directly by the carrier and could then use those funds as you saw fit.

Coverage and benefits vary and will depend on how much additional coverage you choose to have. Plans are primarily medically underwritten but for most applicants, they relatively easy to qualify for. 


If you would like a free quote for a Hospital Indemnity product, simply click the link below and let us know how we can help. As always, we will never pressure you to do anything. We simply are happy to help.