Employees choose how to use the cash.
Hospital indemnity insurance from ManhattanLife pays employees a cash benefit when they are hospitalized. They can use the cash benefits however they want – to help pay medical bills or everyday living expenses such as housing, car payments, utility bills, childcare, groceries, and credit card bills. It is an ideal complement to Employer-based medical coverage.
HOSPITALIZATION STATISTICS
$10,400
The average cost per stay of a patient in the U.S. in 2012 was $10,400. Females had a higher rate of hospitalization over this period, but males had a longer average stay and a higher average cost per stay.1
36.5M
In 2012, there were 36.5 million hospital stays in the U.S. with the average length of stay being 4.5 days.1
56%
Approximately 56% of hospital stays in 2012 were medical. Nearly 22% were surgical and the other 22% were maternal or neonatal.1
HOSPITAL INDEMNITY HIGHLIGHTS
Base coverage on hospital indemnity protection through ManhattanLife includes a daily hospital benefits and waiver of premium. The program is designed to meet the needs of a specific employer population or group. As a result, we have over 16 optional benefits available to customize a plan that meets your company’s needs.
HOSPITAL INDEMNITY BENEFITS
Pays a benefit when employees are hospitalized
Pays in addition to any other coverage they may have
Lets employees use the benefits however they choose
Can cover employees, their spouses and their children
CUSTOMIZE YOUR PLAN WITH OPTIONS SUCH AS
First hospitalization
Doctor’s office visits
In-patient and out-patient surgery benefits
Well-being benefit
Diagnostic Testing
And other numerous options
Don’t wait! Find out more about ManhattanLife’s Hospital Indemnity plan today