Skip To Main Content

Hospital Indemnity Plan

Hospital stays can be costly and are often unexpected.  Even the best medical plans may leave you with extra expenses to pay out of your pocket, like deductibles, coinsurance, and co-pays. The MetLife Hospital Indemnity Plan (HIP) pays a cash benefit when you or a covered dependent is hospitalized due to an accident or illness. Pre-existing conditions and limitations may apply.

Employees may enroll in MetLife HIP as a new hire, during annual enrollment, or within 31 days of a qualified life event.  Please contact the benefits team in Risk Management at 727-588-6197 for more information.

* Income Tax Consideration:
Your Hospital Indemnity Plan deductions are automatically deducted on a pre-tax basis, along with all your other benefit deductions (except Optional Life Insurance). This means any benefit paid to you will be subject to Federal Income Taxes unless you elect to have all your premiums deducted on an after-tax basis.

Enrolling in the MetLife HIP Program: 

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.

IMPORTANT: This is a Fixed Indemnity Policy, NOT Health Insurance! This fixed indemnity policy may pay you a limited dollar 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 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 

Plan Highlights: 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 on getting back on track and less on extra expenses an accident or illness may bring.