Group Hospital Money Insurance
Even if you have health insurance coverage that provides some hospitalization benefits, many out-of-pocket expenses, including deductibles, co-payments, childcare and transportation, may not be covered. Hospital Money Insurance provides supplemental coverage every day, up to 365 days, that you are hospitalized for a covered stay. You can use the funds however you wish.
IMPORTANT: This is a fixed indemnity policy, NOT health insurance
This fixed indemnity policy may pay you a limited dollar amount if you’re sick or hospitalized. You’re still responsible for paying the cost of your care.
- The payment you get isn’t based on the size of your medical bill.
- There might be a limit on how much this policy will pay each year.
- This policy isn’t a substitute for comprehensive health insurance.
- Since this policy isn’t health insurance, it doesn’t have to include most Federal consumer protections that apply to health insurance.
Looking for comprehensive health insurance?
- Visit HealthCare.gov or call 1-800-318-2596 (TTY: 1-855-889-4325) to find health coverage options.
- To find out if you can get health insurance through your job, or a family member’s job, contact the employer.
Questions about this policy?
- For questions or complaints about this policy, contact your State Department of Insurance. Find their number on the National Association of Insurance Commissioners’ website (naic.org) under “Insurance Departments.”
- If you have this policy through your job, or a family member’s job, contact
the employer.
Key features and options:
- Eligibility1:
- ABA lawyer members and spouses/domestic partners residing in the U.S. or Puerto Rico.
- Unmarried children through age 26.
- Coverage amounts up to $500 a day.
- Guaranteed acceptance for you and your family.
- Pays 100% of daily benefit for emergency outpatient treatment in a hospital or ambulatory surgical center due to illness or injury (up to 5 such visits for each illness or injury within a year) for insureds under age 65.
- Benefits are doubled for cancer and intensive care.
- 50% benefit for home health care expenses.
- Skilled nursing facility benefit.
- Additional coverage options:
- $1,000 or $2,000 surgical benefit.
- Portable,2 so you can take your coverage with you through changes in your career.
For additional details including assignment of dividends, features, costs, eligibility, renewability, exclusions and limitations, refer to the Hospital Money Insurance Brochure.
Estimate your rate two ways.
Talk with an ABE Specialist.
Your generosity made $8 million in grants possible for 2023.
1Not available for residents of VT or WA. MN residents must be insured under a qualified major medical plan in order to request coverage For more information, contact an ABE-Insurance Plan Specialist at 800-621-8981 or information@abenet.org.
2Subject to U.S. Government regulations on restricted countries.
About the Carrier
Underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010 under Group Policy 11459 on Policy Form GMR.
New York Life is licensed/authorized to transact business in all of the 50 United States, the District of Columbia, Puerto Rico and Canada. However, not all group policies it underwrites are available in all jurisdictions. New York Life's state of domicile is New York and NAIC ID # 66915.
Disclaimer
Bonnie Czarny (ABE), is licensed in AR, Ins. Lic. #404091 and CA, Insurance License # 0H99426.
All ABE-sponsored insurance is designed to generate dividends; however dividends are not guaranteed. For more information, visit our Dividend Notice page.
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Call 1-800-621-8981 to speak with an ABE Insurance Plan Specialist.
“ABE was an easy choice for me with their exclusively priced coverages and accessibility to the insurance I need. It is an added bonus that ABE supports critical and impactful work within the legal profession and the communities we serve."
The experience of the people described in this material may not be representative of the experiences of other members.