Hospital Indemnity Plan

When you enroll as a new employee, you and your eligible family members are guaranteed acceptance. You also have the benefits of competitive group rates and convenient payroll deductions that ensure continuous, worry-free coverage. If you opt out of medical insurance, your Board Contribution can be applied to offset your payroll deductions for this coverage. If you don’t enroll in this plan during annual enrollment, you can’t enroll in it until the next annual enrollment, or you experience a qualified change in status.

For more information, contact a Risk Management & Insurance Benefits Team member at 727-588-6195.

This fixed indemnity policy may pay you a limited dollar amount if you’re sick or hospitalized. You’re still responsible for paying for the cost of your care.

• The payment you get isn’t based on the size of your medical bill
• There might be a limit on how much this policy will pay each year.
• This policy isn’t a substitute for comprehensive health insurance.
• Since this policy isn’t health insurance, it doesn’t have to include most Federal consumer protections that apply to health insurance.
 

HIP coverage can help you be better prepared by providing you with a payment to use as you see fit if you experience a covered event and meet the policy and certificate requirements. Typically, a flat amount is paid for hospital admission, and a per-day amount is paid for each day of a covered hospital stay, from the very first day of your stay. This payment can help you focus more on getting back on track and less on the extra expenses an accident or illness may bring.