Hospital Indemnity
Hospital Indemnity
This insurance pays benefits directly to you to help offset the out-of-pocket expenses associated with an unexpected hospital stay, such as deductibles, copays or lost income. Benefits are paid based on inpatient hospital admissions and confinement. The benefit is yours to use however you want, including paying for healthcare expenses, mortgage, rent, or other bills. Covered Events Inpatient Hospital Admissions & Confinement
Intensive Care Unit Stays Hospital Observation Stays Newborn Nursery Care Substance Abuse & Mental Disorder Stays Rehabilitation Unit Stays
Coverage Options: Coverage is available to employees, spouses and dependent children
EXAMPLE CLAIM: Laura is admitted to the hospital to give birth to her new baby. Her normal delivery kept her in the hospital for a total of three days. Fortunately, Laura’s Hospital Care plan paid her $1,700 to help cover her medical costs - benefits that allowed her to focus on her new baby rather than the financial impact of the hospitalization. Additional Benefits: No pre-existing condition exclusions, no pregnancy limitations Portability included: Allowing you to take the policy with you if you end employment with VPP.
Laura’s Hospital Stay
Benefit Payments
Hospital Admission
$1,000
2 Additional Days of Confinement Newborn Nursery Care (3 days)
$400 $300
Total Benefit
$1,700
Employee Costs
Bi-Weekly Cost for Hospital Care Insurance
Employee
$5.48 $11.49 $8.88 $14.89
Employee + Spouse Employee + Child(ren)
Family
Please refer to the benefit plan summaries for full benefits and more coverage details
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