Supplemental Plans
Hospital Indemnity Plans
Indemnity Plans: A Great Way to Address Gap Costs
Chances are your health insurance plan leaves you with out-of-pocket expenses. Whether you are covered by individual health insurance, group medical insurance or Medicare, co-pays and deductibles are a reality.
Hospital Indemnity Insurance can provide gap coverage to help offset these expenses. This type of insurance can pay you a daily benefit. The money can be used to help with hospital co-pays or it can be used to help with incidental expenses not covered by your medical insurance.
Some policies may pay you additional benefits beyond inpatient hospital stays such as:
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Ambulance Trips
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Skilled Nursing Facility Visits
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Outpatient Surgery
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Durable Medical Equipment (DME)
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And more ancillary benefits
Critical Illness Insurance
How Critical Illness Insurance Coverage Can Work For You
Are you financially prepared for a Critical Illness? Unfortunately most are not. Too many people discover that after a critical illness diagnosis their primary health insurance is inadequate, resulting in a large financial burden directly on yours shoulders.
The main objective of Critical Illness insurance is to reduce financial stress. These policies pay cash benefits upon the diagnoses of a covered condition. This money can be used for anything. Whether it’s to pay for out-of-network medical costs, experimental treatment not covered by conventional health insurance or to pay your mortgage - you decide how to use the money, not the insurance company.
Beyond the most commonly occurring critical illness such as Cancer, Heart Attack and Strokes, today’s typical plans cover a broad range of critical illnesses such as:
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Alzheimer’s Disease
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Heart Attack
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Kidney Failure
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Blindness
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Coma
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Paralysis
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Parkinson’s Disease
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Cancer
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Major Organ Transplant
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Stroke
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HIV/AIDs
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Brain Tumor
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Coronary Artery Bypass