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. Your plan also has an initial day confinement benefit (admission benefit), which pays a higher benefit amount for your first day of a covered hospitalization. In addition to hospitals, benefits are paid for stays in intensive care units (ICUs) and other eligible facilities. Each facility has its own per-day benefit and calendar-year maximum. Hospital Intensive care unit (ICU) Substance abuse facility Mental health facility Nursing facility* *Nursing facility benefits are paid only if following a covered hospital stay of at least three consecutive days. Newborn benefit Your plan pays daily benefits for a hospital stay if you or your covered spouse is hospitalized due to childbirth, even for a routine delivery. You’ll also receive daily benefits for the newborn or newly adopted child, even if you’re the only one enrolled on the plan. This automatic coverage for the newborn or adopted child continues for the first 31 days from birth or adoption. 1 Injuries and illnesses that result in hospital stays can lead to expensive, unexpected costs Financial planning for healthcare is important, especially considering these facts: 64% of adults report they’re either very or somewhat worried about being able to afford medical costs. 3 Part of out-of-pocket medical costs are from coinsurance, and on average, coinsurance for a hospital admission is 20% . 4 36% of adults report that in the past 12 months, they have skipped or postponed needed healthcare because of the cost. 3 DID YOU KNOW? Hospital indemnity benefits are compatible with a health savings account (HSA). 2 64 % 36 % 20 % 2 Hospital Indemnity Insurance