A hospital indemnity plan pays a set amount per day or per stay. It does not replace an Marketplace or employer medical plan.
Example: a $200 per day hospital benefit does not pay the hospital billed charges. Your major medical plan is still the plan that negotiates the stay. Figures are illustrative.
Ask your licensed agent how the two claims work together. This page is not a recommendation to buy or keep either product.
Your licensed agent can read a deeper version in Field Notes: open the broker article.
FAQ
Short answers you can use on a call with your agent.
Can I drop my Marketplace plan if I have hospital indemnity?
Do not drop major medical based on this page. Hospital indemnity pays a fixed amount. It is not minimum essential coverage under the ACA.
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