Hospital Indemnity Plans
If you have a Medicare Advantage plan, you enjoy having a zero dollar or low monthly premium but may worry about paying a hospital deductible. In 2021, the Medicare Advantage plan deductible for a hospital stay is $450 per day for the first four days. That adds up to $1,800.00 for a hospital stay of four or more days.
A hospital indemnity plan is a cost-effective safety net to have, in addition to your Medicare Advantage plan. A hospital indemnity plan pays cash directly to you if you are admitted to a hospital or admitted to a skilled nursing facility immediately after your hospital stay.
Unlike insurance, your indemnity plan pays you directly and pays promptly. Within a few days of submitting a short form, your money is deposited into your bank account or a check mailed.
You are free to use the money any way you want; there are no strings attached.
- Pay your deductible
- Pay medical bills
- Pay for home services
- Pay other bills
- Put the money in your savings
- Go on a vacation
Hospital indemnity plans are affordable (as low as $30 per month in 2021) and provide welcome peace-of-mind for anyone worried about the financial burden of paying hospital or skilled nursing care deductibles. It supplements your Medicare Advantage policy, Medicare Part A, or your major medical insurance.
You can customize your hospital indemnity plan to suit your needs. You choose the payout amount for each day you are in the hospital or nursing facility. Riders are available for ambulance services and various medical conditions. If you are concerned about medical conditions, such as heart attack, stroke, or cancer, you can add a rider for one or more of these to your policy.
Concerned about being turned down due to your health? Relax! As brokers, we have access to guaranteed issue plans with no health questions. There are upper age limits; you’ll have more options before your 80th birthday.
Contact us today to talk with a licensed insurance agent to see if a hospital indemnity plan is the right solution for you.
Get Money for Hospital Co-Pays with a Hospital Indemnity Plan
Talk with a helpful
insurance agent now
(425) 418-9034
Hospital Indemnity Plans
If you have a Medicare Advantage plan, you enjoy having a zero dollar or low monthly premium but may worry about paying a hospital deductible. In 2021, the Medicare Advantage plan deductible for a hospital stay is $450 per day for the first four days. That adds up to $1,800.00 for a hospital stay of four or more days.
A hospital indemnity plan is a cost-effective safety net to have, in addition to your Medicare Advantage plan. A hospital indemnity plan pays cash directly to you if you are admitted to a hospital or admitted to a skilled nursing facility immediately after your hospital stay.
Unlike insurance, your indemnity plan pays you directly and pays promptly. Within a few days of submitting a short form, your money is deposited into your bank account or a check mailed.
You are free to use the money any way you want; there are no strings attached.
- Pay your deductible
- Pay medical bills
- Pay for home services
- Pay other bills
- Put the money in your savings
- Go on a vacation
Get Money for Hospital Co-Pays with a Hospital Indemnity Plan
Talk with a helpful
insurance agent now
(425) 418-9034
Hospital indemnity plans are affordable (as low as $30 per month in 2021) and provide welcome peace-of-mind for anyone worried about the financial burden of paying hospital or skilled nursing care deductibles. It supplements your Medicare Advantage policy, Medicare Part A, or your major medical insurance.
You can customize your hospital indemnity plan to suit your needs. You choose the payout amount for each day you are in the hospital or nursing facility. Riders are available for ambulance services and various medical conditions. If you are concerned about medical conditions, such as heart attack, stroke, or cancer, you can add a rider for one or more of these to your policy.
Concerned about being turned down due to your health? Relax! As brokers, we have access to guaranteed issue plans with no health questions. There are upper age limits; you’ll have more options before your 80th birthday.
Contact us today to talk with a licensed insurance agent to see if a hospital indemnity plan is the right solution for you.
