What is Hospital Indemnity Insurance?
Hospital indemnity insurance typically offers financial assistance for expenses like hospitalization, surgery, and other related costs that may not be fully covered by standard health insurance plans. By providing a lump sum or daily benefit for each day spent in the hospital, this type of insurance helps offset out-of-pocket expenses and ensures that you can focus on your health without worrying about the financial burden of medical bills.
1
1
2
3
4
5
6
7
8
9
0
1
0
1
2
3
4
5
7
7
8
9
0
1
0
1
2
3
4
5
6
7
8
9
0
1
%
Advantages of hospital indemnity insurance
Hospital indemnity insurance holds numerous potential benefits. To fully understand the coverage and advantages, carefully review your provider's policy, as they vary among providers. However, here are some common advantages associated with hospital indemnity policies:
- It provides a lump sum for flexible use: With funds directly disbursed to you, you retain control over how they are utilized. These funds can be allocated towards hospital expenses or other necessities during recovery, such as transportation, meals, or childcare.
- It extends coverage to your family: Many hospital indemnity plans include coverage for your spouse and children if they require hospitalization. Seek out a policy that best suits your household's needs, as it may encompass anything from minor injuries to chronic conditions for all family members.
- It often features portable coverage: In numerous instances, your hospital indemnity coverage remains unchanged even if you switch jobs or relocate. Some plans even maintain coverage post-retirement or upon transitioning to Medicare, ensuring continued financial protection in various life stages.
Medicare Advantage
A type of Medicare plan offered by a private company to provide benefits.
Medicare Supplement
Original Medicare Part A (Hospital Insurance) and Part B (Medical Insurance) cover many healthcare services and supplies, but not all. Medicare Supplement insurance plans assist in covering some of the healthcare costs not included in Original Medicare, such as copayments, coinsurance, and deductibles.
Medicare Part D
If you have Original Medicare (Part A and/or Part B), you can purchase a stand-alone Medicare Part D plan from a private health insurance company to obtain prescription drug coverage. You can choose from a variety of stand-alone plans, which differ in cost and coverage. You will pay a separate premium for the Part D plan.
2-49 Employees
We understand that flexibility and affordability are essential for employers with small to medium-sized groups of globally mobile employees. I can help look for a plan that offers modular, flexible options to meet all your corporate health and wellbeing plan needs.
How It Works
Chat with a health insurance agent for free! Andrew Faligowski is a licensed Insurance Agent in Oregon and is happy to help you find the perfect insurance plan. Here's how it works!
Talk to Agent
Click any of the "Talk to" buttons on our site and fill out the short form to help A understand your needs. Or, call us at (503) 668-6100 to be directed to a licensed insurance agent.
Choose Your Plan
Andrew will help you choose the plan that's right for you! Agents Impact realizes that it is very difficult to navigate the insurance maze. Andrew is here to provide you with answers to your questions. He really cares about his clients and is committed to helping you find and enroll in a plan that is perfectly fit to your needs.
Book a Meeting
Book a meeting with Andrew to discuss your needs in more detail. Choose a time that works for everyone and meet in person, over the phone, or via video call, whatever works best for you!
Get Treatment
Get the treatment you need at a price you can afford! You can rest assured that Andrew has set you up with the perfect plan and is available to help you navigate any other insurance needs you may have.
