Hospital indemnity insurance
A financial safety net for the unexpected
Injuries, illnesses and childbirth can land employees in the hospital for a night or two. And even with a major medical plan, they can face out-of-pocket costs from copay, coinsurance or deductible requirements. Symetra hospital indemnity insurance offers 24/7 coverage for inpatient hospital stays to help close some of these coverage gaps.
Clients choose their plan’s per-day benefit amounts, who is eligible, and how much to contribute to the premium, if at all. They can also enhance their plan with a variety of optional benefitst to meet their coverage goals.
Also covers stays in
Intensive care units
Substance abuse facilities
Mental health facilities
Optional additional benefits
Note: Benefits vary by state and may impact a plan’s HSA compatibility.1 Contact your Symetra representative to learn more.
Initial day confinement benefit (admission benefit)
This optional benefit provides a significantly higher benefit for the first day of a hospital admission. HSA-compatible.1
Wellness/preventive care benefit
Pays a per-day benefit for routine/preventive screenings like a physical exam or mammogram.
Hospital observation benefit
Pays a benefit for a hospital bed and periodic monitoring for a period of less than 24 hours.
Surgical procedure benefits
Pays a specified benefit for a surgery done in an inpatient or outpatient surgical facility, or at a doctor’s office.
Ground and air ambulance transportation
Pays a benefit for ground ambulance transportation, or air ambulance transportation at double the ground transport amount.
Emergency room benefit
Pays a benefit if the insured is treated at the emergency room and then released.
Outpatient care benefits
Pays a specified benefit for the following, even when the insured isn’t admitted to a hospital:
Compelling features to empower your customers
- Automatic newborn and adoptive child coverage for first 31 days.2
- Guaranteed issue coverage.
- No coordination of benefits.
- Value-add program options.
- Portability and continuation options.
- No required networks.
- Tiered or composite rates.
- No preexisting condition limitations, including pregnancy.
Tools to support your client discussions
Want to learn more? Contact your Symetra representative today.
Select Benefits policies are insured by Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004, and are not available in all U.S. states or any U.S. territory.
Select Benefits insurance policies are designed to provide benefits at a preselected, fixed dollar amount. They are not a replacement for a major medical policy or other comprehensive coverage and do not satisfy the minimum essential coverage requirements of the Affordable Care Act. Coverage may be subject to exclusions, limitations, reductions and termination of benefit provisions. For costs and complete details of the coverage, contact your Symetra representative.
1This plan is designed to be compatible with health savings accounts (HSAs). Please consult with your tax and/or legal professional to determine which supplemental benefits may be purchased by employees with an HSA.
2Insureds must enroll a child as a dependent on their plan within 30 days of birth in order for coverage to continue beyond the first 31 days. In Washington newborn and newly adopted child coverage is automatic for the first 60 days. For coverage to continue, the insured must notify Symetra of the birth or adoption and pay the required premium within the 60 days.