Administered by Voya Financial, hospital indemnity helps cover expenses while you are in a hospital intensive care unit, critical care unit or rehabilitation facility.
You can use this money however you like, for example deductibles or out-of-pocket medical expenses, additional child care while a caregiver is injured, or everyday expenses like housecleaning, groceries or utilities.
When you are admitted to a covered medical facility, you become eligible for an admission benefit. Then, on each day after that, you are eligible for a fixed daily benefit payment of $100 per day. The amount and number of days covered varies by facility. The benefit can be used for up to eight admissions per calendar year.
PLAN HIGHLIGHTS
- 24-hour coverage
- Coverage is guaranteed, meaning there are no medical exams or tests to take.
- Examples of hospital admissions include: Hospital Confinement, Critical Care Unit, Rehabilitation Facility Confinement.
- Coverage is portable, meaning you can take it with you should you leave your employer or retire.
To view a full list of admissions covered and benefit payment information please consult the Hospital Indemnity Brochure.
BIWEEKLY PREMIUMS (24 PAYS)
**Premiums shown below will go into effect January of 2024
Coverage Type | Bi-Weekly Premium |
Team Member Only |
$9.16 |
Team Member & Spouse/Domestic Partner |
$17.75 |
Team Member & Child(ren) |
$13.45 |
Family |
$22.04 |
*Hospital Indemnity Insurance is a limited benefit policy. This isn't health insurance and doesn't satisfy the requirement of minimum essential coverage under the Affordable Care Act. See the product brochure, certificate of coverage and any applicable riders for complete provisions, exclusions and limitations. Insurance products are issued by ReliaStar Life Insurance Company, a member of the Voya® family of companies, 20 Washington Avenue South, Minneapolis, MN 55401.