For many individuals, Hospital Indemnity insurance can provide comprehensive coverage and minimize out-of-pocket expenses by filling in the gaps in their Medicare Advantage or medical insurance plans. CSG Actuarial’s tools and services will provide an extensive view of rates and plan benefits spanning the Hospital Indemnity market. Our Hospital Indemnity Competitive Intelligence Guide includes data on the top industry companies, with expert analysis, financial data, product design, underwriting requirements, and premium rates. Below is a sample of the type of information available in our Competitive Intelligence Guide.
| Guaranteed Trust Life Insurance Company | Medico Insurance Company | Bankers Fidelity Life Insurance | Continental Life Insurance (Aetna) | |
|---|---|---|---|---|
| Plan Name | Advantage Plus 6-Day Benefits | Hospital Confinement Option 1 | Up to 10 Day Benefits | Protection Series Flex Daily |
| Policy Fee | $20 | $0 | $0 | $0 |
| Household Discount | 0% | 7% | 5% | 0% |
| Benefit Amount | $250/day for 6 days | $250/day for 6 days | $250/day (max of 2 confinements per calendar year) | $250/day for 6 days (365 day lifetime max) |
| Ambulance | $200/occurrence | $250/3 days per year | $200/occurrence (max 2 days per calendar year) | $200/occurrence (2 per year) |
| Cost/Month | $26.84 | $26.63 ($24.76 HHD) | $24.84 ($23.59 HHD) | $33.41 |
*Results based on a 65 year old female, non-tobacco, in zip code 60007.
We saw an increase in Hospital Indemnity quotes on our quoting platform, MarketAdvisor, both during and after the Annual Enrollment period. Our Fill in the Gaps feature in our quoting tools will allow subscribers to quote Medicare Advantage and Hospital Indemnity together. Provide your client with a comprehensive view of their coverage options by displaying both Medicare Advantage and Hospital Indemnity benefits at the same time. Learn more by watching our Fill in the Gaps tutorial here.
Contact our team at 855-861-8776 or at info@csgactuarial.com to learn more about how we can provide the Hospital Indemnity data, tools, and services you need today.