Claim Example: Eric Eric is 47 and lives in Cincinnati, OH. Last fall, Eric caught pneumonia and spent 3 nights in the hospital. Although Eric has an ACA plan, his out-of-pocket expenses and deductibles for the hospitalization cost him $8,000. Fortunately for Eric, he had previously purchased a Hospital Indemnity Select plan with ManhattanLife. The plan Eric selected provided a 1 Day Hospital Confinement Benefit of $9,450 since Eric wanted to match the Out-of-Pocket maximum in his ACA plan. Eric was able to set aside the additional $1,450 he received from this claim to help cover any future deductibles or out-of-pocket costs or to use as he sees fit.
This Policy Paid Him:
Eric’s Out-of-Pocket Expenses
$8,000
Benefits Paid by ManhattanLife
$9,450 $9,450
1 Day Hospital Confinement Benefit
Total Amount Paid to Eric
Eric can use the remaining funds however he likes. These additional benefits could be set aside to help cover future medical or Rx expenses.
Not an actual policyholder or claim example - for example purposes only.
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