Hospital Insurance

With the rising cost of health care, one trip to the hospital could cause a serious financial setback. Hospital Insurance can help your employees manage the expenses health insurance may not cover — like deductibles, co-pays and the costs of missing work.

Hospitalizations put finances at risk 

Staying in the hospital after child delivery, an accident or an illness can be costly. Even quality medical plans can leave employees with extra expenses they didn’t count on. These can add up fast — and most Americans aren’t prepared.

  • Depending on the city, state and hospital, the cost of a C-section can be upwards of $30,000
  • About 66% of Americans report they are concerned they won’t be able to afford medical care this year1

Help shield your employees from the unexpected costs of a hospitalization

Hospital visits can cost employees a lot of money — even if they have good medical coverage. Hospital Insurance can provide supplemental coverage to your major medical plan by offering a lump-sum benefit that helps employees pay these bills. It’s a valuable solution for recruiting talented people while keeping your costs in check.

Choose the plan design and benefit amounts that make sense for your employees. All plans include benefits for hospital admission.

Health Savings Account (HSA) options

HSA Compatible

Includes benefits for:

  • Hospital confinement
  • ICU confinement
  • Emergency room and ambulance

Non-HSA Compatible

Includes benefits for:

  • Hospital confinement
  • ICU confinement
  • Emergency room and ambulance
  • Outpatient and inpatient surgical procedures
  • Diagnostic procedures
  • Transportation and lodging

Protection for employees

  • Lump-sum benefit can be used to pay for the direct and indirect cost of a hospitalization, such as:
    • Deductibles and co-pays
    • Transportation
    • Child care
  • Spouse and child coverage is available.
  • No medical questions for base coverage: When eligible employees enroll during their initial enrollment, they can enroll up to a specified amount without answering medical questions. Benefits payable may be subject to a preexisting condition.2

Ease and cost savings for you

  • Hospital Insurance can be employer-paid, employee-paid or shared cost, so it's a good fit for any benefits budget.
  • Single situs state allows for easy implementation and consistent benefit communication messaging across all your locations.
  • The coverage can be HSA-compatible.
  • Annual wellness benefit encourages responsible health management.3

How hospitalization costs can add up fast*

Appendectomy C-section Partial mastectomy Cardiac stent
Cost
$12,763		 Cost
$12,774		 Cost
$18,550		 Cost
$24,049
Deductible
$2,000		 Deductible
$2,000		 Deductible
$2,000		 Deductible
$2,000
Co-insurance
$2,152		 Co-insurance
$2,154  		 Co-insurance
$3,310		 Co-insurance
$4,609
Total out-of-pocket
$4,153		 Total out-of-pocket
$4,155		 Total out-of-pocket
$5,310		 Total out-of-pocket
$6,000

*For illustrative purposes only. Assuming a typical plan with a deductible of $2,000, co-insurance of 20%, and an out-of-pocket max of $6,000.

Commonly asked questions about Unum Hospital Insurance

We make it easy to protect your workforce

Our simple digital claims app streamlines administration for you while making it easy for employees to enroll, make claims and get support. Keep your workforce healthy, happy and productive with Hospital Insurance.

1. 66% of Americans fear they won’t be able to pay for health care (cnbc.com) 2021.

2. Benefits may be subject to a pre-existing condition.

3. Wellness benefit not available in all states.

4. Fortune, Fortune 100, 2021.

5. Unum internal data, 2021.

THIS POLICY PROVIDES LIMITED BENEFITS.

This coverage is a supplement to health insurance. It is not a substitute for essential health benefits or minimum essential coverage as defined in federal law.

The policies or their provisions may vary or be unavailable in some states. The policies have exclusions and limitations which may affect any benefits payable. See the actual policy or your Unum representative for specific provisions and details of availability. Applicable to policy forms GHI-1 and GHIP16-1. In New Jersey, applicable to policy form GHIP16-1-NJ. In New York, applicable to policy form GHIP16-1-NY.

This policy provides limited benefits health insurance only. It does NOT provide basic hospital, basic medical or major medical insurance as defined by the New York State Department of Financial Services.

Group Hospital Indemnity Insurance is underwritten by Unum Life Insurance Company of America, Portland, ME. In New York, underwritten by First Unum Life Insurance Company, Garden City, NY.

Group Hospital Insurance is underwritten by Unum Insurance Company, Portland, ME, In NJ and NY, underwritten by Provident Life and Casualty Insurance Company, Chattanooga, TN.