Hospital indemnity insurance can help cover out-of-pocket expenses related to a hospital stay or other medical procedures for a covered condition. Examples of these out-of-pockets include:
Hospital indemnity insurance: Can help pay for out-of-pocket expenses that major medical insurance doesn’t cover. Hospital indemnity coverage isn’t a substitute for major medical insurance. It is intended as a supplement to major medical coverage.
Major medical insurance: Typical major medical coverage today helps pay for doctor visits, hospital stays, preventive care and many medical services after meeting an annual deductible and cost-sharing requirements.
Policy forms marketed by the company are too numerous to list in the advertisement, but a list can be provided upon request.