by Carrie Haubensak | Dec 12, 2024 | Insurance Industry, Senior Hospital Indemnity
Hospital Indemnity products are designed to pay a fixed dollar amount when an individual is confined to a hospital, and many products also add fixed dollar benefits for additional services. Premium volume for these products has been consistent, steady, and growing...
by Carrie Haubensak | Oct 16, 2024 | Insurance Industry, Senior Hospital Indemnity
Part 2 of this series looks more closely at several specific benefit offerings and the important guaranteed issue feature. Hospitalization Benefits All senior-focused HI products offer a “per-admission” hospitalization benefit in addition to a daily hospitalization...
by Carrie Haubensak | Aug 27, 2024 | Dental, Insurance Industry, Senior Hospital Indemnity, Short-Term Care
The supplemental health insurance market continues to steadily grow, primarily due to the increase in the size of the Medicare population. Telos Actuarial’s Future of Medicare Supplement white paper shows that the Medicare Eligible population is expected to grow...
by Kristin Steenson | Feb 5, 2018 | Flash Report, Medicare Advantage, Senior Hospital Indemnity
For many individuals, Hospital Indemnity insurance can provide comprehensive coverage and minimize out-of-pocket expenses by filling in the gaps in their Medicare Advantage or medical insurance plans. CSG Actuarial’s tools and services will provide an extensive...
by Kristin Steenson | Sep 1, 2017 | Flash Report, Senior Hospital Indemnity
Our summary below outlines how Hospital Indemnity carriers are underwriting for disabilities. CRITERIACONDITIONS Confined to Nursing FacilityConfined to HospitalBedriddenUse of WheelchairReceiving Home Health Don't Ask28%28%62%66%62% Less than...
by Kristin Steenson | May 5, 2017 | Senior Hospital Indemnity
Our summary below outlines how Hospital Indemnity carriers are underwriting for disabilities. CRITERIACONDITIONS Confined to Nursing FacilityConfined to a HospitalBedriddenUse of WheelchairReceiving Home Health Don't Ask28%28%62%66%62% Less...
