Hospital Indemnity Insurance Plans – Andrew Six Insurance Agency

What Is a Hospital Indemnity Plan?

A Hospital Indemnity Plan is a supplemental insurance policy that pays you a set amount of money for each day you're hospitalized. This cash benefit can be used however you choose—whether it’s to cover deductibles, copayments, transportation, or even household bills while you recover. These plans are especially valuable for individuals enrolled in Medicare Advantage Plans, which may have daily hospital copays. With a hospital indemnity policy, you can offset those costs and protect your finances from the burden of unplanned medical events.

Key Benefits of Hospital Indemnity Insurance

Daily cash benefits for hospital stays
Coverage for inpatient and ICU care
Optional riders for skilled nursing, outpatient surgery, and emergency room visits
Guaranteed renewable coverage
No network restrictions—benefits paid directly to you

Why Add Hospital Indemnity Coverage to Your Medicare Plan?

Even with a robust Medicare Advantage Plan, hospitalization costs can add up quickly. For example, many MA plans charge a daily copay for the first several days of an inpatient stay. A hospital indemnity plan helps bridge that financial gap—giving you more complete protection and peace of mind. Whether you’re considering coverage for yourself or a loved one, our team will walk you through your options to ensure no detail is overlooked.

Our Simple Process

At Andrew Six Insurance Agency, we make it easy to get the protection you need:

Personalized Consultation

We take the time to understand your healthcare coverage and potential out-of-pocket risks.

Plan Selection

We compare top hospital indemnity plans from trusted carriers to find the best fit for your situation.

Enrollment Assistance

We guide you through the enrollment process, ensuring all paperwork is completed accurately and on time.

Ongoing Support

Have questions after enrollment? We're always just a phone call away for claims, updates, or policy reviews.

Frequently asked questions

Can't find the answer you're looking for? Give us a call! We're glad to answer any questions you may have.

Is hospital indemnity insurance only for seniors?

No, hospital indemnity plans are available for adults of all ages and can be especially helpful for anyone concerned about the cost of hospitalization.

Can I have a hospital indemnity plan with my Medicare Advantage coverage?

Yes, and it’s highly recommended. These plans are designed to complement Medicare Advantage and help cover copays or other out-of-pocket costs associated with hospital stays.

How are benefits paid?

Benefits are typically paid directly to you, allowing you to decide how to use the funds—whether for medical expenses or personal bills.

Is underwriting required?

Most carriers offer guaranteed issue policies, meaning you may not need to answer health questions or go through a medical exam, especially during specific enrollment periods.

Random Fact: Did you know that the first Medicare Advantage Plans were introduced in the 1970s as Health Maintenance Organizations (HMOs) before evolving into the diverse range of options available today?

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