Ask any successful Medicare Advantage producer what they are most likely to cross sell with every Medicare Advantage plan sold and you’ll likely hear the same response… Hospital Indemnity.
While Medicare is important to have, it may still leave gaps in coverage that a policyholder is responsible for.
For instance, most Medicare Advantage Plans don't cover the first 4 to 7 days of a hospitalization. Per the American Hospital Association (AHA) Hospital Statistics, the average hospital stay costs over $10,000, but can vary widely.
A Hospital Indemnity plan can help bridge the gaps left open from a Medicare Advantage Plan, by providing a direct cash benefit to the policyholder.
What are some of the Benefits of a Hospital Indemnity Plan?
Hospital Confinement Co-Payment Coverage - Up to 31 Days
Ambulance Transportation
Emergency Room Coverage
Laboratory & Radiology Benefits
Skilled Nursing Facility Benefits
Primary Care Doctor Office Visits (No Prior Hospital Stay Required)