Plans & Coverage
Hospital Indemnity Insurance
Hospital indemnity insurance pays you a fixed cash benefit for covered hospital stays, which you can use for the daily copays a Medicare Advantage plan charges, plus travel, meals, or anything else. It's a popular way to soften the out-of-pocket exposure of an Advantage plan.
Who it's for
If your Advantage plan charges per-day hospital copays, a hospital indemnity policy can offset them with cash paid directly to you. We help decide if it makes sense for your plan.
Questions, answered
How is hospital indemnity different from Medigap?
Medigap pays providers for Original Medicare's gaps. Hospital indemnity pays YOU a set cash amount for covered stays — often paired with a Medicare Advantage plan.
How is the cash benefit paid out?
Typically as a per-day or per-admission cash payment sent directly to you, not to the hospital — you can use it for copays, travel, meals, or anything else. Payout structure (per-day vs. flat per-stay) varies by policy, so we walk through exactly how a given plan pays before you buy.
Do I need hospital indemnity if I have Original Medicare and a Medigap plan?
Usually not — a Wisconsin Medicare Supplement (Basic Plan + riders) already covers Original Medicare's hospital coinsurance gaps, so there's little left for hospital indemnity to fill. It's most useful alongside a Medicare Advantage plan, which typically has per-day hospital copays instead of a supplement.
Are pre-existing conditions covered?
Most hospital indemnity policies don't require medical underwriting for guaranteed-issue enrollment periods, but terms vary by carrier. We confirm the specific policy's rules before you apply.
Talk to a local La Crosse area advisor
Free, no pressure — we compare your options for you.