Spending a day or two in the hospital can be expensive, even with major medical coverage. The costs from deductibles, co-payments, medicine and/or therapy often are not covered and can quickly add up.
BankersWorksite® Group Hospital Indemnity insurance pays a cash benefit directly to the insured that can be used for bills resulting from a hospital stay. It’s a plan that offsets out-of-pockets medical costs, and a financially smart choice for your employees, their families and dependents.
Plan Benefits
- Pays a fixed benefit to a covered person for a hospital stays resulting from covered illness or injury
- Great supplement to medical plan, including high-deductible plans with Health Savings Account (HSA)
- Benefits are paid directly to the insured, in addition to any other insurance benefits
- Pre-existing waiting period can be customized by employer with Underwriting approval.
- Guaranteed coverage amounts, no health questions to answer
- Benefits can be used to cover day-to-day expenses like childcare and rent or mortgage; as well as additional medical bills
*Plan details may vary.