All medical premium rates are pending approval by the HCDE Board of Trustees on July 30. If approved, all rates take effect on Sept. 1.
Hospital Idemnity Insurance
Hospital stays are costly. If you or a family member find yourself in the hospital due to a sudden accident or illness, you may struggle financially, even if you have a good medical plan. With a hospital indemnity plan, you can rest assured those extra expenses won’t be a financial burden.
Unlike medical plans, there are no deductibles to meet with a hospital indemnity plan. As soon as you incur a qualified event, you can file a claim and start receiving benefits.
The plan pays a lump sum benefit in a previously specified amount. The money can be used for medical costs, insurance deductibles, groceries, transportation, childcare – the choice is up to you!
Highlights
Guaranteed Issue! Pre-existing conditions do apply for the first 12 months.
Paid directly to you so you can use the funds to pay for your needs at your discretion
Illness confinement has a 12-month pre-existing condition
Normal pregnancy is NOT covered under this plan, but complications from pregnancy are covered under illness for this plan
Health screening benefit provided if the covered insured takes one of the covered screening/prevention tests; $50 for the Low Plan and $100 for the High Plan
