Use Hospital Confinement Insurance To Keep Costs In Check

You can’t stop medical costs from increasing, and many government agencies will be forced to raise deductibles in order to keep costs in check. But you can help your employees better manage their increased out-of-pocket expenses.

            It’s all about delivering creative solutions and integrating them into your benefits programs so you and your employees both win. Whether you can no longer shoulder the premiums for employee health care coverage or have already shifted costs and are looking for a softer landing to protect employees from financial exposure, a voluntary hospital confinement indemnity plan can be the ideal solution.

            Hospital confinement indemnity insurance provides a lump-sum benefit to help offset the costs that aren’t covered by most major medical plans. They can help cover costly co-pays, deductibles and other expenses that come your employees’ way. With the added financial protection, your employees may be eligible to receive help covering outpatient surgery, diagnostic tests, doctor appointments and emergency room visits.

            The plans are available on a group or individual basis. And there are lots of ways to customize the coverage to meet the needs of employees.

            Here are some key features and comparison points to keep in mind: READ MORE

Denise Fleming