Can You Afford an Unexpected Hospital Bill? Preparing Your Family for Unforeseen Costs
North American Precis Syndicate
Medical emergencies and rising hospital costs are a major financial concern for most Americans. Fortunately, you can protect against rising hospital costs. (NAPS)
(NAPSI)—Whether it’s a broken leg or the flu, illness and
injuries that result in hospital stays are unfortunately commonplace for American
After a hospital stay, you’ll likely pay your entire deductible
before your health insurance starts paying benefits. You may still be exposed
to expenses your major medical may not cover, leaving you responsible for the
Protect against rising hospital
costs with Hospital Assure from Washington National.
Medical emergencies and rising hospital costs are a major financial
concern for most Americans. The average hospital stay costs over $10,700 and
hospital bills are the largest out-of-pocket expense for people who filed for
Hospital Assure, Washington National’s new hospital indemnity
insurance product, complements existing health insurance by paying lump-sum
cash benefits in the event you or a covered family member are hospitalized
due to a covered sickness or accident. You can use your cash benefits to help
• Out-of-network hospital costs, and
• Everyday bills and expenses when you’re unable to work.
Because cash benefits from Hospital Assure are paid directly to you, not a
doctor or hospital, you have no restrictions on how you use your benefits.
For individuals without a health savings account, Hospital Assure offers
an optional Return of Premium/Cash Value Benefit rider, a distinctly
competitive feature in the marketplace that allows you to get 100 percent of
your premiums paid, minus any claims incurred, at the end of the rider
period. This means if you don’t use your policy, the premiums you paid
will end up back in your pocket. Learn more at www.WashingtonNational.com.
1Business Insider, The 35 most expensive reasons you might have
to visit a hospital in the US—and how much it costs if you do, http://www.businessinsider.com/most-expensive-health-conditions-hospital-costs-2018-2,
March 1, 2018.
• Washington National
Insurance Company is not licensed and does not solicit business in the state
of New York.
LIMITED-BENEFIT POLICIES. These
policies have limitations and exclusions. For costs and complete details of
coverage, contact an agent. Policies and benefits are subject to state
availability and may vary by state. Underwritten by Washington National
Insurance Company. The return of premium (ROP) or cash value (CV) (in MO,
“cash return”) benefit is subject to state and product
availability. The benefit has an additional charge and may pay minus claims
or regardless of claims based on the policy selected. The policy must remain
in force until the end of the ROP/CV period for the benefit to be paid.
“You can protect
yourself and your family from rising hospital costs with Hospital Assure,
Washington National’s hospital indemnity insurance product. http://bit.ly/2Eqm1U8”
On the Net:North American Precis Syndicate, Inc.(NAPSI)