Hospital indemnity insuranceFor large businesses
High deductibles and copays for hospital stays can be tough for your employees to manage. Hospital indemnity is a supplemental health insurance plan that can help bridge the gap between your employees’ health coverage and their out-of-pocket costs when an illness or injury leads to the hospital. Give your employees and their families an extra level of security and peace of mind by offering hospital indemnity options.
Advantages of hospital indemnity insurance:
- Reduces the financial burden of high out-of-pocket costs typically associated with hospital stays
- Pays indemnity benefits directly to the employee, whether charges are covered by your employee’s plan or not
- Plans are always guaranteed issue, and HSA-compatible plans are available
With hospital indemnity insurance, you get a range of benefits to choose from, so you can create the best fit with your employees’ medical plans (including HSA plans), other supplemental plans, and budget.