Voluntary Hospital indemnity insurance from voya

Voluntary Hospital Indemnity Insurance provides a fixed cash benefit when you or your covered dependents are admitted to a hospital, critical care unit or rehabilitation facility.  This benefit can be used for any purpose - whether it's to cover deductibles, co-pays, transportation or everyday living expenses like rent or groceries.

Hospital Indemnity Insurance Overview

 

Key features
  • Daily confinement benefits for each day you're hospitalized - up to 30 days
  • Lump-sum payments for hospital admission
  • Coverage for rehabilitation days
  • Portability, allowing you to keep the coverage if you leave the job

Hospital Indemnity insurance is especially valuable for employees enrolled in HDHPs (high deductible health plans), helping to bridge the gap between what your health insurance covers and your actual out-of-pocket costs.

Costs for Voluntary Hospital Indemnity 
 WeeklyBi-Weekly
Employee Only$2.49$4.98
Employee + Spouse or Domestic Partner$5.47$10.95
Employee + Child(ren)$4.97$9.95
Family$7.96$15.93

 

Resources

HOSPITAL INDEMNITY INSURANCE Overview
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