Hospital insurance helps cover medical costs
Health insurance premiums and deductibles are rising. Hospital indemnity insurance can help offset your out-of-pocket costs by paying benefits for covered hospital stays, surgeries and related services.
Ease the financial stress of a hospital stay
Hospital indemnity insurance can help cover out-of-pocket expenses related to a hospital stay or other medical procedures for a covered condition. Examples of these out-of-pockets include:
- Outpatient surgery
- Inpatient services
- ER visits, X-rays, diagnostic exams
- Doctor appointments
Popular features in the policyholder portal to help you use your benefits
Check on policies and personal info
File and review claims online
- See the status and get a copy of your policy
- Check your premium amount and due date
- Update your billing contact information and make payments
- File or check on the status of a claim
- Set up direct deposit for quicker benefit payment
FAQ
Hospital indemnity insurance help cover the cost of a hospital stay and other medical procedures, regardless of what health insurance pays.
Hospital indemnity insurance: Helps pay for out-of-pocket expenses that major medical insurance doesn’t cover. Hospital indemnity coverage isn’t a substitute for major medical insurance. It is intended as supplement to major medical coverage.
Major medical insurance: Typical major medical coverage today helps pay for doctor visits, hospital stays, preventive care, and many medical services after meeting an annual deductible and cost-sharing requirements.
Employers and HR representatives
Find out more about offering Colonial Life individual or group hospital indemnity insurance for your employees.
THIS INSURANCE PROVIDES LIMITED BENEFITS.
Individual Medical Bridge (IMB7000): Applicable policy form IMB7000 78859 (including ¬state abbreviations where used, for example: IMB7000-AL).
Group Medical Bridge (GMB7000): Applicable policy form GMB7000-P 80082.
Group Medical Bridge (GMB1.0): Applicable policy form GMB1.0-P-R 77366.
This coverage is a supplement to health insurance. It is not a substitute for essential health benefits or minimum essential coverage as defined in federal law. Insureds in some states must be covered by comprehensive health insurance before applying for this coverage.
This information is not intended to be a complete description of the insurance coverage available. The insurance or its provisions may vary or be unavailable in some states. The insurance has exclusions and limitations which may affect any benefits payable. For cost and complete details of coverage, call or write your Colonial Life representative or the company.
Underwritten by Colonial Life & Accident Insurance Company, Columbia, SC.