Hospital Indemnity Insurance Benefits Overview

ONE SM Putting Bene昀椀ts To Work For People Don’t let the cost of a hospital stay derail your recovery New York Life Group Benefit Solutions Hospital Indemnity insurance Worried about surprise medical bills after a hospital stay? Hospital indemnity insurance can help. It pays you a fixed cash benefit directly if you’re admitted to the hospital, regardless of your other health insurance coverage. It can be used for out-of-pocket expenses or anything you need during your recovery. Who is eligible for hospital indemnity insurance? All active, Full-Time and Part-Time Employees of the Employer regularly working a minimum of 30 hours per week in the United States, who are citizens or permanent resident aliens of the United States. What are some of the covered hospital services under this plan? Standard Employee Employee + Spouse Coverage Tier Employee + Child(ren) Employee + Family Admission benefits Hospital admission benefit $1,000 Confinement benefits Daily inpatient hospital confinement benefit $100 Intensive Care Unit (ICU) confinement benefit $200 Short stay/observation unit $100