Sept. 15, 2023
Hospital Indemnity Insurance Now Available
What’s new: Hospital Indemnity Insurance is now available for groups with 51+ eligible employees for Jan. 1, 2024, effective dates.
How it works: Hospital Indemnity Insurance supplements a member’s medical coverage by providing a cash benefit when they are hospitalized. The benefit can be used for deductibles, out-of-pocket costs, housing, groceries, additional household help or any other living expenses. Hospital Indemnity Insurance is a logical purchase for members who are covered under a high-deductible health plan; however, any member who is seeking more financial protection from the high cost of a hospitalization may benefit from the coverage.
Why it matters: Adding this third product to our supplemental health portfolio — which includes Accident and Critical Illness Insurance — enables us to better meet our members’ needs.
For more information: Contact your ancillary sales representative.
Accident, Critical Illness, and Hospital Indemnity Insurance products are issued by Dearborn Life Insurance Company, 701 E. 22nd St. Suite 300, Lombard, IL 60148. Blue Cross and Blue Shield of Oklahoma is the trade name of Dearborn Life Insurance Company, an independent licensee of the Blue Cross and Blue Shield Association. BLUE CROSS®, BLUE SHIELD® and the Cross and Shield Symbols are registered service marks of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield Plans.
