Empowering Medicare Advantage Enrollees with Hospital Indemnity Plans

Medicare Advantage (MA) enrollees now account for nearly half of all inpatient hospital stays. This shift not only affects the dynamics of how these patients receive healthcare, but it also opens up new avenues to guide consumers to more holistic coverage.

It’s important for licensed agents to understand the intricacies of MA plans, which often require prior authorization and adhere to specific provider networks. These plans can lead to higher out-of-pocket costs when care is sought outside these networks, highlighting a critical gap in coverage that hospital indemnity plans (also called HI or HIP) can fill.