Hospital Indemnity

What is it? Hospital Indemnity Insurance pays a fixed daily benefit if you have a covered stay in a hospital, critical care unit or rehabilitation facility. Hospital Indemnity Insurance is a limited benefit policy. It is not health insurance and does not satisfy the requirement of minimum essential coverage under the Affordable Care Act. Who can be covered? You have the option to enroll yourself as well as your spouse* and children* in Hospital Indemnity Insurance coverage to meet your needs. Employees must be enrolled in order to elect coverage for eligible spouse and eligible dependent children as defined in the Certificate of Coverage and Riders. Why should I consider it? Use your paid benefit for any purpose, such as paying out-of-pocket medical expenses, copays, deductibles, groceries, gas, utilities and more its up to you. Coverage is always guaranteed issue. You can choose to take this coverage with you if you leave your employer or retire, and youll be billed at the same rates via direct billing. ReliaStar Life Insurance Company (Minneapolis, MN), a member of the Voya family of companies Wellness Benefit Your coverage includes a Wellness Benefit, which will pay you an annual benefit when you and covered family members complete an eligible health screening test. These screenings may include a mental health screening, flu immunization, a mammogram and a routine eye or dental exam. $50 for employees, $50 for spouses, and $50 per child, per calendar year For a complete description of your available benefits, exclusions and limitations, see your certificate of insurance and any riders How much does it cost? This table shows how much you'll pay for Hospital Indemnity Insurance. The premium is deducted from your paycheck. Hospital Indemnity Insurance Help minimize the financial impact that can come with a stay in a hospital or medical facility Group Name: Ball State University Group Number: 752151 Class: All Eligible Employees Coverage Type Daily Benefit Low Plan Bi-Weekly Rates Coverage Type Daily Benefit High Plan Bi-Weekly Rates Employee $100 $5.04 Employee $200 $9.07 Employee + Spouse $100 $10.38 Employee + Spouse $200 $18.77 Employee + Children $100 $8.95 Employee + Children $200 $16.31 Employee + Family $100 $14.29 Employee + Family $200 $26.01 Coverage Type Daily Benefit Low Plan 18 Pay Period Coverage Type Daily Benefit High Plan 18 Pay Period Employee $100 $7.27 Employee $200 $13.10 Employee + Spouse $100 $14.99 Employee + Spouse $200 $27.11 Employee + Children $100 $12.93 Employee + Children $200 $23.56 Employee + Family $100 $20.65 Employee + Family $200 $37.57