A hospital stay can leave you with a big bill, even with good medical coverage. Hospital indemnity insurance from Cigna pays you a fixed cash amount when you, your spouse or your children are admitted to the hospital. You can put it toward your deductible, coinsurance or bills at home.
This is a fixed indemnity policy, not health insurance. It doesn’t replace your medical plan, and the payment isn’t based on the size of your hospital bill. It’s voluntary, and you pay through payroll.
Sample benefits
- Hospital admission: $1,000 (Plan 1) or $1,500 (Plan 2)
- ICU admission: $500 or $1,000
- Hospital stay: $100 or $200 a day, up to 30 days
- ICU stay: $200 or $250 a day, up to 30 days
- Observation stay: $100 or $200 per 24 hours
Both plans also pay a $50 wellness benefit once a year for a health screening. Admission benefits are limited to one every 180 days.
