Hospital Indemnity Insurance Quote
Get a hospital indemnity insurance quote
How Mutual Hospital ProtectionSM works
Benefit options
- Choose a daily benefit amount from $100 - $1,000 (in $10 increments)
- Select how many hospital care days (3-10, 15, 20, or 31 days) you want covered in a benefit period
- Customizable with riders
Using your benefits
Confinement, observational and mental health hospital stays are all covered.
- No waiting period
- Days in the hospital don't need to be consecutive
- New benefit period begins after 60 days with no hospital stays
- Reimbursement for pet boarding when you're in the hospital
Policy eligibility
- Available for ages 18 - 85
- No medical questions for ages 64 - 74; your application is automatically approved
- Guaranteed renewable* coverage for life
Optional benefit riders
Mutual Hospital ProtectionSM offers optional riders so you can customize your benefits to fit your needs
- Skilled nursing facility benefit
- Home health care benefit
- Outpatient therapy benefit
- Cancer benefit
- Ambulance and emergency or urgent care benefit
- Outpatient surgery benefit
- Major diagnostic testing benefit
- Prescription drugs benefit
Plus, a guaranteed purchase option rider that lets you increase your benefit amounts down the road
Request a quote for riders
Frequently asked questions
Learn more about hospital indemnity insurance
Hospital indemnity insurance covers a variety of hospital stays, including observational stays (when you receive care in a hospital for between 6-24 hours), in-patient confinement (when you are in the hospital for 24 hours or more), and mental health stays (up to 7 days). This includes hospitalization for surgery, illness, injuries, treatment for conditions, care in an intensive care unit and more.
You can also customize your plan by adding riders to cover more services like skilled nursing facility care, home health care, outpatient surgery and outpatient therapy.
Generally, hospital indemnity insurance and hospital confinement insurance are two names for the same type of coverage. (You may also see it referred to as hospital confinement indemnity insurance.) This coverage provides you with additional financial support during hospital stays by paying a cash benefit directly to you. Indemnity refers to the nature of the insurance and how it compensates you (and not providers) when you have a claim. Confinement refers to a period of time when you are hospitalized as an inpatient.
A hospital indemnity insurance plan can be a good choice if you want greater financial security and peace of mind during future hospital stays. As we age, the likelihood of needing hospitalization can increase. Hospital indemnity insurance plans pay you a cash benefit that is in addition to the benefits provided by your Medicare plan or health insurance. You have the freedom and flexibility to choose how to use your cash benefit -- it can help you cover hospital bills or any other living expenses.
Our Mutual Hospital ProtectionSM plan is customizable so you can get the amount of coverage that fits your needs and budget. You can even configure your benefit selections to help address specific gaps in your Medicare plan or health insurance, like deductibles, copays and coinsurance.
Yes, you can use hospital indemnity insurance alongside Original Medicare, Medicare Advantage and Medicare supplement plans. Pairing a hospital indemnity insurance with your Medicare plan can help you fill gaps in your Medicare coverage. You can choose to use the benefits you receive from your hospital indemnity policy to pay Medicare copays, coinsurance or deductibles.
You can apply any time—there are no federal enrollment periods like with Medicare. Mutual Hospital ProtectionSM is available to those who are ages 18 - 85. We offer guaranteed issue coverage if you're ages 64 - 74. That means we waive any underwriting for your application and you are guaranteed to qualify for a policy. If you aren't eligible for guaranteed issue coverage, we will do a quick underwriting review of your application.
The cost of a hospital stay can vary based on where you live, the services you receive and the type of health insurance or Medicare plan you have. On average, those who have a hospital stay, spend $2,593 in annual out-of-pocket costs.1