Hospital Indemnity Insurance

What is Hospital Indemnity Insurance?

Hospital Indemnity coverage is a supplemental plan that you can add to your existing health plan. This type of policy makes sure that you aren’t caught off guard or knocked off of your budget by a sudden trip to the emergency room. This insurance policy pays you a predetermined amount per day, each day you stay in the hospital.

78% of Americans live check to check, a sudden trip to the emergency room could throw them into financial trouble

What does a Hospital Indemnity Policy cover?

This supplemental plan and the conditions and circumstances may vary, but generally, these plans include:

• Hospital confinement (with or without surgery)

• Intensive Care Unit (ICU) confinement

• Critical Care Unit (CCU) confinement

Some hospital indemnity policies also include:

• Outpatient surgery

• Continuous care

• Outpatient X-rays and laboratory procedures

• Outpatient diagnostic imaging procedures

• Ambulances

• Emergency rooms

• Physician office visits

42% of all personal bankruptcies are a result of medical expenses, 78% of those who filed had health insurance

Is Hospital Indemnity Insurance worth it?

In order for your insurance to start covering your care, you must meet your deductible. The average deductible on this policy is about $4,364, not including the co-pays and other associated out-of-pocket costs. Hospital admissions typically cost more than the average doctor’s visit. Hospital Indemnity insurance helps you with all of those out-of-pocket costs, including your deductible.

Where does Protego fit in?

Our dedicated agents work hard to make sure that all of our clients get the coverage they need at a price point that fits their budget. Whether you’re an individual looking for coverage for you and your family or a business owner looking to extend benefits to your employees, we’ve got you covered!