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Hospital Indemnity Plan
This policy is issued on a simplified issue basis. Benefits available to members ages 16-69, benefits available for most industries, plans are not age or gender rated. Members must be actively at work at least 20 hours per week to be eligible.
Sample Plan Options
Plan I
Hospital Confinement ($30 per day)
First Hospital Confinement (Up to $5,000)
Accidental Death & Dismemberment ($30,000-Employee, $15,000-Spouse, $5,000-Children)
Insured ..$23.00
Insured & Spouse ...$43.50
Insured & Child(ren) $34.15
Family ...$54.65
- Rates include the $1.00 CARE Membership Fee
Plan II
Hospital Confinement ($30 per day)
First Hospital Confinement (Up to $5,000)
Accidental Death & Dismemberment ($30,000-Employee, $15,000-Spouse, $5,000-Children)
Specified Injury
Insured ..$26.50
Insured & Spouse $48.75
Insured & Child(ren) $39.40
Family ...$61.65
- Rates include the $1.00 CARE Membership Fee
Plan III
Hospital Confinement ($30 per day)
First Hospital Confinement (Up to $5,000)
Accidental Death & Dismemberment ($30,000-Employee, $15,000-Spouse, $5,000-Children)
Specified Injury
Surgical Plus (Up to $2,000)
Insured .$36.90
Insured & Spouse ..$69.55
Insured & Child(ren) $54.80
Family ..$87.45
- Rates include the $1.00 CARE Membership Fee
Mail application and first month's premium check to:
Greater Insurance Service
PO Box 8633
Madison, WI 53708-8633
*Eligible applicants must be a member in good standing of CARE
Benefits Explanations
Hospital Confinement
¨ Pays the Daily Benefit selected for Hospital Confinement as a resident bed patient due to covered Sickness or Injury.
First Hospital Confinement
¨ Pays a Lump Sum Benefit for the Insureds First Hospital Confinement for covered Sickness or Injury during the Calendar Year.
¨ The benefit amount depends on the length of Hospital Confinement:
Specified Injury
¨ Pays a specific amount for an Injury as indicated within the Rider for: Appliances; Ambulance; Blood/Plasma; Burns; Dislocations; Eye Injuries; Fractures; Ruptured Disk; Tendons; Torn Knee Cartilage; and Gunshot Wound.
(Not available in Connecticut or Kansas)
Surgical Plus Benefits
¨ Pays the % listed in the Surgical Schedule times the maximum Surgical Benefit shown in the Policy Schedule, for listed surgery performed by a Physician in a Hospital, Ambulatory Surgical Center or Physicians office for covered Sickness or Injury. (If more than one surgical procedure is performed during one operative session, the Rider will pay one benefit for the greatest surgical procedure.)
Accidental Death & Dismemberment
¨ Provides a death benefit in additional to all other policy benefits if an insureds death occurs within 90 days of a covered injury and was a result of a covered injury. Also provides a lump sum payment for dismemberment or irrevocable loss of sight resulting from a covered injury within 90 days of a covered injury
Other benefit options available upon request:
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Base benefits ranging from $30 per day up to $300 per day |
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Intensive Care Unit Rider ranging from $30 per day up to $1,500 per day |
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Private Duty Nurse Rider ranging from $10 per day up to $100 per day |
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AD&D Rider ranging from $1,000 to $30,000 |
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Surgical Plus Rider ranging from $500 to $5,000 |
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Lump Sum Indemnity Rider ranging from $40 to $1,000 |
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Hospital Injury Indemnity Rider ranging from $30 per day to $150 per day |
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Emergency Accident Benefit Rider at either $50 per day or $100 per day |
CLICK HERE FOR QUOTE ON ADDITIONAL BENEFIT OPTIONS
*Hospital Indemnity Benefit only approved in AL, AR, CT, DC, LA, MI, MS, NC, OH, OK, TN, WI
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CLICK HERE FOR QUOTE ON ADDITIONAL BENEFIT OPTIONS.
Even those people with regular medical insurance have trouble meeting the unexpectedly high costs that often accompany hospitalization. There could be expensive deductibles and other initial out-of-pocket expenses to pay before contributions from regular medical coverage begin. These charges can add up quickly, particularly in the face of serious or lengthy medical condition. A Hospital Indemnity policy can help to cover deductibles, co-insurance and other expenses for hospital stays.
Advantages of the policy
· Helps reduce burden of out-of-pocket expenses associated with hospital stays
· Pays in addition to other insurance
· Coverage available for spouse & children of members
· Policy can be continued if a member changes jobs
· Benefits paid directly to insured or to specified party
| ©Greater Insurance Service Corp 2009 |