Lots of employees worry about the expense of a hospital stay. Deductibles and cost sharing can add up quickly, and employees may not have the ability to cover them. The Aetna Hospital Plan can help.
The Aetna Hospital Plan pays cash benefits directly to the member when they are admitted to the hospital for a covered inpatient stay. Members can use the money to pay for everyday expenses like mortgage payments, day care or utility bills, or for expenses like their medical plan's coinsurance and deductible.
Advantages for employers:
• Voluntary offering
• Affordable, employee paid premiums
• Designed to be simple to offer
• Helps with employee satisfaction, retention and productivity
Advantages for employees:
• Affordable group rates through payroll deduction
• Cash payments directly to members
• No medical underwriting, guaranteed issue
With Aetna, you get a complementary set of benefits that are designed to work together. And you can use our online simplified claims process - we can use members' Aetna medical claims' information to process hospital claims.
Rates and benefits and availability may vary by location.
Aetna Hospital Plan is underwritten by Aetna Life Insurance Company (Aetna).
Policy form numbers include GR-23, GR-96172 and GR-96173
Exclusions and limitations: This plan does not cover all health care expenses and has exclusions and limitations. Members should refer to their booklet certificate to determine what benefits are paid for which health care services. The following is a partial list of services and supplies that are generally not covered. However, your plan may contain exceptions to this list based on state mandates or the plan design purchased. Medical exclusions: All medical or hospital services not specifically covered in, or which are limited or excluded in, the plan documents. These include (but are not limited to): cosmetic surgery; custodial care; experimental and investigational procedures; sterilization; infertility services; and non–medically necessary services or supplies.
The Aetna Hospital Plan is underwritten by Aetna Life Insurance Company (Aetna).
This plan provides limited benefits. The benefit payments are not intended to cover the full cost of medical care. Members are responsible for making sure the providers’ bills get paid. These benefits are paid in addition to any other health coverage members may have.
THIS PLAN DOES NOT COUNT AS MINIMUM ESSENTIAL COVERAGE UNDER THE AFFORDABLE CARE ACT. THIS IS A SUPPLEMENT TO HEALTH INSURANCE AND IS NOT A SUBSTITUTE FOR MAJOR MEDICAL COVERAGE. LACK OF MAJOR MEDICAL COVERAGE (OR OTHER MINIMUM ESSENTIAL COVERAGE) MAY RESULT IN AN ADDITIONAL TAX PAYMENT BY EMPLOYEES.