A hospital stay can be traumatic — to one’s health, wallet, and family. Even with additional medical insurance, many people will most likely have costs that aren’t covered. A Hospital Indemnity insurance plan helps you pay out-of-pocket expenses not covered by Medicare or Medicare Advantage, such as coinsurance, copayments, and deductibles.
Optional benefits are available at an additional cost and may include:
· A lump sum for hospital confinement
· A lump sum for a cancer diagnosis
· Emergency room services
· Ambulance services
· Urgent care services
· Outpatient surgery
· Outpatient therapy and chiropractic services
· Inpatient mental health services
· Observation unit monitoring
· Transportation and lodging
· Skilled nursing facility care