Hospital Confinement Benefit: Pays a cash benefit for each day of confinement in the hospital. Applicantscan choose the number of days per period of confinement (3,3 6, 7, 8, 9, 10,21, or 31 days) and the amount per day (from $100 to $600 in increments of$25). After leaving hospital confinement and remaining out of the hospitalfor 60 continuous days, the policy’s benefit period resets.
Observation Unit Benefit: Pays 100% of the Hospital Confinement benefit amount per day, for a maximum of six days per calendar year, while receiving services in a hospital observation unit as a result of a covered sickness or injury.
Emergency Room Benefit: For a maximum of four days per calendar year, pays $150 per day while receiving services in a hospital emergency room as a result of a covered loss due to an injury.
Transporttion and Lodging Benefit: Pays $100 per day, for a maximum of 10 days per calendar year, to cover transportation or lodging expenses incurred while receiving treatment in a hospital or medical facility located more than 50 miles from the insured’s residence.
Inpatient Mental Health Benefit: Pays $175 per day of confinement in a hospital due to a covered mental or nervous disorder for a maximum of seven days per calendar year. ays $175 per day of confinement in a hospital due to a covered mental or nervous disorder for a maximum of seven days per calendar year.
The following information varies by state
Download the Agent Flyer for more information and state-specific disclaimers.
Clients with Medicare Advantage are excellent candidates for a HIP plan. Learn more about how to make the sale here: How to Make a Sale to a Medicare Advantage Client: Hospital Indemnity Plans
Plus, learn how to use our quote engine, which has a neat pairing feature for MA and HIP:
