Supplemental Hospital Insurance Pays Cash in Palm Beach Gardens

What is Supplemental Hospital Insurance? Supplemental hospital insurance pays cash if you are hospitalized due to sickness or an accident. These plans complement Medicare and Medicare plans. As a result, you will save money and have peace of mind.

If you are hospitalized and on Original Medicare without a Medicare Supplement plan, you will pay $1,736 for the first 60 days you are in the hospital. Starting on day 61-90, you will pay $434.00 copay for each extra day.

If you are enrolled in a Medicare Advantage plan, you will have out of pocket costs. The amount depends on the plan you are enrolled in. Similarly, if you are enrolled in a High Deductible Plan G, you will likely hit your annual out of pocket limit. In 2027, that is $2,950.

Supplemental Hospital insurance is also known as Hospital Indemnity insurance. It is also known as an indemnity (cash) plan. The plans pays policy owners a cash benefit if they are hospitalized due to a covered accident or sickness. That means you can use this cash for medical or non-medical costs non covered by your plan. As a result, the plans complement your current health insurance plan.

To learn more about Hospital Indemnity Insurance, click on this link from one of the companies who offers it: Wellabe. The plans are customized to give you the benefits you need at the costs you can afford.

Call Palm Beach Gardens and Florida Medicare Insurance Broker, Renee Lempert for free quotes (561) 704-9302