Hospital Indemnity Insurance

Supplement Your Medicare Advantage Plan & Avoid Surprise Bills

What Is Hospital Indemnity Insurance?

Hospital indemnity insurance is a supplemental policy that pays you cash directly when you’re hospitalized or receive outpatient care. It helps cover out-of-pocket costs not paid by your Medicare Advantage (Part C) plan — like copays, coinsurance, ambulance fees, and more.

Why You Need It with Medicare Advantage

Medicare Advantage plans often include:

$300–$500/day inpatient hospital copays
Outpatient surgery and ER visit fees
Skilled nursing coinsurance
Ambulance transportation costs

A hospital indemnity plan bridges those gaps by paying a lump-sum cash benefit, so you can cover medical bills or everyday expenses — on your terms.

What Does It Cover?

Most plans offer:

Daily hospital stay benefit ($100–$600/day)
Observation stay coverage
Skilled nursing and rehab care
Ambulance and ER visits
Optional riders for cancer, dental, vision, and critical illness

Funds are paid to you, not the provider — use them however you need.

Who Should Consider It?

Hospital indemnity insurance is ideal for:

Medicare Advantage enrollees
Anyone on a fixed income
Seniors with chronic conditions or frequent hospital visits
Those looking for affordable premiums and added protection

Benefits at a Glance

✔️ Cash benefits paid directly to you

✔️ Affordable monthly premiums

✔️ Fast and easy claims process

✔️ No networks — use any hospital

✔️ Optional add-ons for more coverage

Get Protected Today

Don’t let unexpected hospital costs catch you off guard. At Cole Insure, we help Medicare clients add affordable, flexible protection with hospital indemnity plans from top-rated carriers.