Benefits of Hospital Confinement Indemnity Insurance

Making Hospital Costs More Manageable

Health care costs are rising, and like you, your employees are looking for help. With an increasingly competitive job market, it’s important to offer a strong benefits package that can assist with these increasing expenses.

Hospital confinement indemnity insurance provides a lump-sum benefit for a covered hospital confinement or covered outpatient surgery to help offset the gaps caused by costs that aren’t covered by most major medical plans. In addition, this type of coverage can help you provide employees with a soft landing if you need to move to a major medical plan that has higher out-of-pocket costs.

At no direct cost to you, your employees can gain valuable coverage they can use to help pay for:

  • Diagnostic tests
  • Doctor appointments
  • Emergency rooms tests 
  • Other hospital expenses

With this coverage, you can give your employees the help they need with high deductibles and co-pays.

Contact us here to learn about offering Colonial Life benefits.