
Hospital Indemnity Insurance
Hospital Indemnity insurance, also called Hospitalization insurance or Hospital insurance, is a plan that pays you benefits when you are confined to a hospital, whether for planned or unplanned reasons, or for other medical services, depending on the policy.
These are specifically designed to help you fill gaps in your Medicare Advantage coverage by providing cash to help cover copays, coinsurance, deductibles, pharmacy prescriptions and other non-covered expenses that may arise from hospital stays and services.
WHY HOSPITAL INDEMNITY?
Hospital stays can strain even the healthiest of budgets. And in many cases, you can’t ignore the care you need even if it pushes you financially. Hospital Indemnity insurance plans provide payment for each day spent in the hospital, and for some other qualified expenses as well. That’s money you can use as you choose, whether for hospital bills or those other costs that come up while you’re recovering.
How can I find out more information?
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BarBon Insurance uses publicly available government sources, including official Medicare websites and publications, to help provide general information. While we believe these sources to be reliable, we cannot guarantee the completeness or accuracy of the information provided. All content on this website is for informational purposes only and may change without notice.For official and up-to-date information about the Medicare program, please visit the Centers for Medicare & Medicaid Services (CMS) at Medicare.gov.