Get Paid for Every Day
You're in the Hospital
Hospital indemnity insurance pays you a fixed cash benefit for each day you're hospitalized. It's not health insurance — it's income protection. Use the cash however you need it: to cover your Medicare deductible, pay your mortgage, or cover everyday bills while you recover.
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The Concept
How Hospital Indemnity Works
Unlike health insurance that pays your doctors and hospitals, indemnity insurance pays YOU directly. It's designed to fill the financial gaps your health plan can't.
You're hospitalized
Any inpatient hospital stay — surgery, illness, injury, or any covered medical event — triggers your benefit.
Policy pays per day
Your policy specifies a daily benefit amount (e.g., $100–$500/day). You receive that amount for every day you're admitted, often with a higher benefit for ICU stays.
Check goes to you
The payment comes directly to you — your insurer doesn't coordinate with your hospital. Spend it on anything: deductibles, groceries, rent, whatever you need.
Works alongside Medicare
Hospital indemnity is a supplement — not a replacement. It stacks on top of Medicare and any other coverage you have.
The Gap
Medicare Has Gaps.
Indemnity Fills Them.
Even with Medicare Part A, a hospital stay can cost you thousands of dollars. And while Medicare covers your medical bills, it doesn't pay your rent, mortgage, or electric bill while you're out of commission.
Medicare Part A Deductible
$1,632
Per benefit period (2024). This resets if you're readmitted more than 60 days after discharge — you pay it again.
Days 61–90 Coinsurance
$408/day
After your 60th hospital day in a benefit period, you pay coinsurance for each additional day — and that adds up fast.
Real Example
What $200/Day Benefit Looks Like
Imagine Margaret, 72, has a knee replacement surgery. She spends 4 days in the hospital and 10 days in a skilled nursing facility. Here's how a $200/day hospital indemnity policy would help:
4 hospital days × $200/day
Covers her Medicare Part A deductible
10 SNF days × $100/day (SNF benefit)
Helps cover skilled nursing coinsurance
Prescription copays during recovery
Use the cash for any expense
Groceries while her husband worked less
No restrictions on use
Total cash benefit received
$1,800+This example is for illustrative purposes. Actual benefits depend on your specific policy terms.
Is It Right for You?
Hospital Indemnity Is a Great Fit If...
You have Medicare Advantage and want help covering plan copays and deductibles
You're on a fixed income and a hospital bill could disrupt your monthly budget
You want financial flexibility during recovery without tapping into savings
You have a family member who depends on your income
You already have a Medigap plan and want a low-cost supplemental cash benefit
Don't Let a Hospital Stay Derail Your Finances
Plans start as low as $30/month. Call for a free, no-obligation quote today.
Call (813) 454-0108