Speak to a licensed agent Mon–Fri, 9:00 AM – 4:30 PM: (662) 210-2200
Hospital & Fixed Indemnity
Cash benefits paid directly to you for hospital stays, ER visits, surgery, and more — designed for people who don't have access to traditional employer health coverage.
To speak with a licensed insurance agent, call (662) 210-2200. TTY: 711.
Who this is for
If you're self-employed, work gig jobs, run a small business, or are on a high-deductible health plan, a gap in coverage can turn an ordinary hospital visit into a financial setback. This type of coverage is built to help close that gap.
It's also common for people between jobs, or who've recently aged off a parent's health plan, to add this kind of coverage as an affordable bridge while they sort out longer-term health insurance.
What it can cover
Rather than reimbursing a percentage of your medical bill, this type of coverage pays a fixed cash benefit for specific events — money that goes to you, to use however you need it.
Many plans pay a benefit the first day you're admitted, plus a daily benefit for each day you stay — for example, plans can pay anywhere from around $2,000 to $6,000 per day of confinement, depending on the plan you choose.
A benefit toward ER visits and urgent care, often even if you're not admitted to the hospital.
Benefits toward surgical procedures, whether performed in a hospital or an outpatient surgical center, plus related anesthesia and assistant surgeon costs.
Ongoing benefits for office visits, lab work, imaging, and prescriptions — many plans even let you roll over a few unused visits into the next year.
Extra protection
Some plans offer an optional add-on that pays a separate, larger benefit if you're diagnosed with a serious condition — things like a heart attack, stroke, cancer, or an organ transplant. It's a way to add a deeper layer of financial protection on top of your base coverage.
In practice
Here's an illustrative example: James, a self-employed contractor, was hospitalized for four days with pneumonia.
Example: 4-Day Hospital Stay for Pneumonia
James, self-employed contractor — illustrative example only
This is an illustrative example only — not a quote, promise, or guarantee of any specific benefit amount or coverage. Actual benefits depend on the plan, carrier, and specific covered event.
Cost
Monthly premiums for this type of coverage vary based on your age, where you live, and the plan and benefit levels you choose, but they're often more affordable than people expect — coverage can start well under $100 a month for an individual, with higher tiers available if you want more benefit. Some plans also bundle in savings on things like telemedicine visits and prescription discounts.
Questions
To speak with a licensed insurance agent, call (662) 210-2200. TTY: 711.
This page is general education about how hospital and fixed indemnity coverage is typically structured. Dollar figures shown are illustrative examples only, not a quote or a guarantee of any specific premium or benefit amount — actual costs, benefits, riders, and terms vary by plan, carrier, age, and state. This type of coverage does not constitute comprehensive major medical insurance and does not satisfy the Affordable Care Act's requirement for minimum essential coverage. Terms, exclusions, waiting periods, and limitations are set by each policy.
No pressure, no obligation — just a conversation with a licensed insurance agent about the options available to you.
To speak with a licensed insurance agent, call (662) 210-2200. TTY: 711.
