What Is GTL Hospital Indemnity Insurance—and Do You Need It?

Even with Medicare Advantage or other health insurance, unexpected medical costs can sneak up on you. That’s where GTL’s Hospital Indemnity Insurance, specifically the Advantage Plus Elite plan, comes in. It’s designed to help cover the out-of-pocket expenses your primary insurance doesn’t—like hospital stays, ambulance rides, and emergency room visits.

Let’s break down what this coverage offers and why it might be a smart addition to your healthcare strategy.

Hospital Indemnity plans are designed to help cover the out-of-pocket expenses your primary insurance doesn’t—like hospital stays, ambulance rides, and emergency room visits.

Why Consider Hospital Indemnity Insurance?

Hospital stays can be expensive—even with good insurance. You might still be responsible for daily copays, deductibles, or other costs that add up quickly. GTL’s Hospital Indemnity plan pays cash benefits directly to you. You can use the money however you need: medical bills, transportation, groceries, or even rent while you recover.

Understanding the Rising Costs of Healthcare

Healthcare costs have been rising steadily. Even with insurance, many families face unexpected bills. It is crucial to understand the financial responsibilities that come with medical care. Hospital stays can lead to significant out-of-pocket expenses that can be financially overwhelming.

The Importance of Financial Security

Having the right insurance coverage can provide peace of mind. It can safeguard you against financial strain during difficult times. The GTL Hospital Indemnity Insurance adds a layer of financial security when unexpected medical events occur. It can help fill the gaps where traditional insurance may fall short.

Hospital Indemnity plans shield you from unexpected hospital copays and more.

Key Benefits of GTL’s Advantage Plus Elite Plan

Here’s what makes this plan stand out:

💰 Daily Hospital Confinement Benefits

Get paid $100 to $750 per day you’re hospitalized, depending on your selected plan. Choose benefit periods from 3 to 15 days, with the option to restore benefits after 60 days without a hospital stay.

🚑 Ambulance & ER Coverage

Covers ambulance transportation and emergency room visits—critical support when every minute (and dollar) counts.

🏥 Outpatient Therapy & Surgery

Includes benefits for outpatient procedures and therapy, helping you manage costs even when you’re not admitted overnight.

🛡️ Critical Accident & Skilled Nursing Care

Provides extra financial protection if you experience a serious accident or need skilled nursing facility care.

✅ Guaranteed Issue & Lifetime Renewability

If you’re between 64½ and 70, you qualify with no medical questions asked. If you are past 70, the health questions are very simple. Once enrolled, your coverage is guaranteed renewable for life as long as premiums are paid.

Real-Life Example: How It Works

Meet Beth, a Medicare Advantage member who spent six days in the hospital. Her plan charged a $300 daily copay, totaling $1,800. Thanks to her GTL Hospital Indemnity plan, Beth received an electronic deposit of $1,800 to cover those costs—giving her peace of mind and financial breathing room during recovery, since she also added the outpatient therapy rider, which pays her $50 per therapy visit for 30 visits per year, which was enough to cover her outpatient therapy visits but also the gas used to drive there.

Getting hospital copays covered can save you thousands in unexpected medical costs!

The Impact of Medical Costs on Families

Medical expenses can be an enormous burden for families. Many families are forced to make difficult choices when medical bills arrive. Without adequate coverage, everyday expenses can become challenging. Having supplemental insurance like GTL can provide significant relief in these situations.

Is GTL Hospital Indemnity Right for You?

If you’re on Medicare or a Medicare Advantage plan, this type of coverage can be a smart, affordable way to protect your finances from unexpected medical events. It’s especially valuable if your current plan has high daily copays or limited coverage for hospital-related services.

Want to Learn More?

I’m here to help you understand your options and find the right coverage for your needs. Contact me today to explore your options.

Check out the GTL brochure here for more details.

This insurance can tailor-fit not only your medical needs but also your financial well-being. Don't wait until it's too late. Security in health should never be compromised; explore your choices today!