What’s covered Hospital indemnity insurance pays a fixed dollar amount for each day of a hospital stay lasting 24 hours or more. Benefits are paid until you reach the maximum number of days stated in your policy. A daily benefit amount is also paid for an ICU stay, which has its own maximum number of days. Your plan also has an initial day confinement benefit (admission benefit), which pays a higher benefit amount for your first day of a hospitalization and is compatible with a health savings account (HSA).3 Hospital Intensive care unit (ICU) Newborn benefit If you have a baby while you’re covered under the hospital indemnity plan, not only is your hospital stay covered, but your newborn is automatically covered under this plan from birth through the first 31 days of life.4 Injuries and illnesses that result in hospital stays can lead to expensive, unexpected costs Financial planning for health care is important, especially considering these facts: % % $14K 38 50 In 2022, 38% of adults reported that It’s estimated that nearly 50% of an According to a 2022 report, the average they or a family member delayed average person’s health care expenses cost of a hospital stay is over $14,000 5 6 7 medical treatment because of the cost. are from hospital services. without health insurance coverage. 2 Hospital Indemnity Insurance