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Hospital Indemnity Plans · Virginia Beach

Hospital Indemnity Insurance —
Cash Benefits When You Need Them Most

A Medicare Advantage plan pays the hospital.
A Hospital Indemnity plan pays YOU.

Book My Free Consultation → Or call: (757) 947-7108
How It Works

What is Hospital Indemnity Insurance?

It's a supplemental plan that pays a fixed dollar amount directly into your pocket when you're admitted to a hospital — no strings, no restrictions, no bills to submit.

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Cash goes directly to YOU

Benefits are paid to you as the policyholder — not to a provider. Spend the money on anything you need.

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No restrictions on spending

Rent, groceries, gas, transportation, copays, prescription pickups — the choice is entirely yours.

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Works alongside Medicare Advantage

Designed to complement your MA plan — not replace it. The two work as a team to protect your finances.

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No network restrictions

Benefits trigger on admission regardless of which hospital or facility you use. No claim-specific networks.

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Premiums as low as $0–$30/month

Many members add hospital indemnity protection for very little — sometimes $0/month when bundled with a qualifying Medicare Advantage plan.

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Simple enrollment

In many cases you can add this coverage in the same call or appointment as your Medicare Advantage enrollment.

Is This Right for You?

Who Needs Hospital Indemnity Coverage?

You don't have to be in poor health to benefit from this protection.

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Medicare Advantage Members with Cost-Sharing

Medicare Advantage plans can have $300–$500+ per-admission copays, daily hospital charges, and other cost-sharing that adds up fast. Hospital indemnity fills that gap so a short stay doesn't drain your savings.

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People with Limited Emergency Savings

A 3-day hospital stay can cost a Medicare Advantage member $1,000 or more out of pocket. If an unexpected bill would be a hardship, a hospital indemnity benefit provides a financial cushion when you need it most.

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Anyone Who Wants Peace of Mind Beyond Medicare

Even healthy, active Medicare beneficiaries face falls, surgeries, or surprise diagnoses. Hospital indemnity gives you a cash safety net so a health event doesn't become a financial crisis.

Plan Benefits

What Does It Cover?

Benefit amounts vary by plan tier and location. The examples below reflect typical hospital indemnity benefit structures — your advisor will show you exact figures available in your zip code.

Benefit Type How It Pays What It Helps Cover
Hospital Admission Benefit Lump-sum per admission (e.g. $500–$2,000+) Covers your Medicare Advantage inpatient copay on day one
Daily Hospital Confinement Per day benefit (e.g. $50–$200/day) Offsets daily charges or replaces lost income during a stay
ICU / Critical Care Benefit Enhanced daily rate for ICU admission Higher payout for the most serious hospital stays
Outpatient Surgery Benefit Flat benefit per procedure Helps cover facility fees and related out-of-pocket costs
Emergency Room Benefit Flat benefit per ER visit Offsets ER copays common under Medicare Advantage plans

* Benefit amounts, waiting periods, and coverage details vary by plan. Benefits shown are illustrative examples only. Not all benefits available in all areas. This is a supplemental plan and is not a substitute for comprehensive health insurance or Medicare. Your licensed advisor will review the full Evidence of Coverage with you before enrollment.

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See How Hospital Indemnity Works

Real examples of how a hospital stay affects Medicare Advantage members — and how indemnity coverage fills the gap.

Why Hospital Indemnity?

Why Hospital Indemnity Coverage Matters

Not all hospital indemnity plans are equal. We work with carriers that lead the industry where it matters most.

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#1 Medicare Insurer in America

Our carrier partner serves more Medicare Advantage members than any other — the largest network, the most experience.

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A-Rated Financial Strength

AM Best A-rated, meaning the company has the financial resources to pay claims when you actually need them.

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Simple Enrollment

Often added in the same appointment as your Medicare Advantage plan — no separate application process needed.

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Guaranteed Renewable

Coverage can't be cancelled simply because you get sick or use your benefits — your plan renews as long as premiums are paid.

FAQ

Common Questions

Does hospital indemnity replace my Medicare Advantage plan?

No — it's supplemental coverage designed to work alongside your Medicare Advantage plan, not replace it. Your MA plan handles your medical coverage; the indemnity plan pays you cash to cover whatever out-of-pocket costs remain.

Do I have to use the benefit for medical bills?

No. The cash benefit is paid directly to you and you can use it for anything — rent, utilities, groceries, transportation to appointments, or medical copays. There are no restrictions on how you spend it.

Is there a deductible?

Most hospital indemnity plans have no deductible. Benefits are triggered by a qualifying event (hospital admission, ER visit, etc.) and paid according to the schedule in your policy.

Can I enroll if I have pre-existing conditions?

Many hospital indemnity plans feature simplified underwriting with no medical exam required. Pre-existing condition limitations may apply during an initial waiting period — your advisor will review all terms before you enroll.

When does the benefit pay out?

After a qualifying hospital admission or event, you submit a simple claim. Benefits are typically paid within a few business days. Your advisor walks you through the exact process at enrollment.

How much does it cost?

Premiums vary by plan tier, location, and age. Many Medicare Advantage members in Virginia can add hospital indemnity for as little as $0–$30/month. Call us and we'll pull exact pricing for your zip code.

Get Your Free Hospital Indemnity Review

No obligation. We'll check what's available in your zip code and walk you through every option.

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