Group Hospital Indemnity Insurance

Minimize the Need to Tap Into Personal Funds

When you are sick and confined in a hospital, how will your medical bills be paid? You probably already have health insurance that can pay the majority of your hospital bills, but how will you pay the remaining out-of-pocket expenses that can quickly add up?

Some benefits of having Hospital Indemnity Insurance Include:

  • Coverage amounts up to $300 per day
  • Benefits paid directly to you
  • Guaranteed acceptance for members under age 65

This product is not available in all states.

Frequently Asked Questions

What benefits can I receive with Hospital Indemnity Insurance?

The American College of Obstetricians and Gynecologists provides Hospital Indemnity insurance designed to help you complement other hospitalization insurance and minimize the need to tap into personal funds. This Plan can pay you up to $300 a day per confinement when you must stay in a hospital due to injury or sickness. Benefits for your spouse can be paid up to $300 a day per confinement, not to exceed your daily benefit amount. Benefits for your children can be either $50 or $100 a day per stay, not to exceed your daily benefit amount.

If you select benefits up to $200 per day, benefits will start on the first day of eligible hospitalization. If you select benefits of $250 or $300 per day, benefits will start on the seventh day of consecutive confinement. Benefits can continue for up to 365 days per confinement for one injury or one sickness. Successive confinements due to the same or related cause, will be considered one confinement unless each confinement is separated by at least 180 days.

Who is eligible to enroll?

Members in good standing under age 65, actively at work on a full-time basis (at least 26 hours a week) and not in active military duty for more than 30 days are eligible to enroll themselves, their lawful spouse, under age 65 and unmarried dependent children under age 25. (Subject to state variations.) Members must be actively at work on the date insurance is to take effect. If not, such insurance will take effect on the day they resume such work. Member, member’s spouse, and member’s dependent children must also not be hospitalized on the date insurance is to take effect. If so, insurance will take effect on the day after discharge.

When you enroll, you can include your spouse for a benefit amount not to exceed your own and your unmarried dependent children for a benefit amount of either $50 or $100, not to exceed yours. Eligible family members are: member’s spouse under age 65; and member’s unmarried dependent children under age 25. When you or your spouse reaches age 65, if the daily benefit amount is more than $100, it will be reduced to $100 per day and to $50 per day for dependent children.

Who is this plan underwritten by?

ACOG Group Hospital Indemnity Insurance is underwritten by New York Life Insurance Company, 51 Madison Ave., New York, NY 10010, under Group Policy No. G-30465-0 on Policy Form GMR-FACE/G-30465-0.

New York Life is licensed/authorized to transact business in all 50 United States, the District of Columbia, Puerto Rico, and Canada. However, not all group plans it underwrites are available in all jurisdictions. Please check the applicable insurance brochures for current availability.

Complete details, including features, costs, eligibility, renewability, limitations, and exclusions are in the Certificate of Insurance. Certain state restrictions apply.

New York Life's state of domicile is New York, and NAIC ID # is 66915.

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