Hospital indemnity
Hospital indemnity pays fixed daily cash benefits during hospital stays to help offset deductibles, coinsurance, travel, or lost income that medical insurance doesn't cover.
What it covers
- What it pays for
- Fixed cash per admission and/or per day of inpatient hospital stay, paid directly to you for any use.
- How it works
- Benefits triggered by covered hospital admission; some plans also cover ICU days, observation stays, or ER visits.
- Who can get it, and when
- Simplified underwriting with limited health questions; many carriers offer options with no health questions.
What it costs
Premiums depend on the daily benefit you choose and your age.
Hawkins Insurance Group, LLC is not connected with or endorsed by the United States government or the federal Medicare program. We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.
What is good about it
- Helps offset deductibles, coinsurance, or non-medical costs
- A simple claim process
The catch
- Pre-existing condition exclusions are common
- Benefit-day caps limit total payout per stay
- Does not cover outpatient or observation-only stays (varies)
Common questions
- Any plan that leaves you hospital costs: Medicare Advantage copays, the Original Medicare Part A deductible, or a health plan's deductible.
Keep learning
Other coverage to explore