Coverage for hospital stays

By Beth Newcomb

If you’ve spent any amount of time in the hospital, you know how quickly expenses can start to add up. But what if you already had a budget-friendly way to help with the out-of-pocket costs not covered by medical insurance in place?

Most major medical insurance plans only pay a portion of hospital expenses, which may leave you with out-of-pocket expenses like a deductible or coinsurance, or even things your medical insurance doesn’t cover.

There is a way to be prepared with supplemental plans, which pay a cash benefit amount to help with out-of-pocket expenses.

You can access this benefit if you’re hospitalized for covered services.

The cash benefit can be used for your deductible, co-pay, prescriptions, care costs and everyday living expenses. Some plans offer no waiting period to use the benefit.

The beauty of a supplemental hospital insurance plan is that you can customize it to fit your individual needs. Some plans enable you to add riders that cover special circumstances outside of a hospital stay.

HealthMarkets offers access to various supplemental hospital insurance plans and I’d be happy to meet with you to provide more details. As always, my guidance is free of charge. I look forward to hearing from you.

Kathy Carvin, a licensed insurance agent with HealthMarkets Insurance Agency, has offices at 10512 Northfield Road, in Northfield, and 28881 Lorain Road, in North Olmsted. Call 216-375-5902.

To schedule an in-person appointment with Bernie Davidson, call him directly at 216-798-1140. Bernie will meet with you wherever you’re comfortable, including Zoom.

HealthMarkets North Olmsted is located at 4679 Great Northern Blvd., in North Olmsted. Hours are Monday-Friday, 9 a.m.-5 p.m.. Other times by appointment. To get started with your free review, call Mike Felice directly at 440-378-4210.

To reach Doug Johnson, of HealthMarkets Insurance Agency, call 330-591-4998.

You can reach licensed insurance agent Carl Lishing at 216-228-0765. HealthMarkets Insurance Agency is located at 16506 Detroit Avenue, in Lakewood. Office hours currently by appointment. Find out more at ClevelandInsurance.info.

HealthMarkets Insurance Agency is located at 9551 Vista Way in Garfield Hts. To reach Scott McEvoy or a member of his team, call 216-815-1850. Virtual, phone and office appointments are available.