Hospital Indemnity
Elmet Technologies offers voluntary Hospital Indemnity coverage through Voya which provides a daily fixed indemnity benefit for eligible hospital confinements. The fixed indemnity benefits may be used as you choose to help offset deductibles, coinsurance, and other expenses.
| Benefits | Low Plan | High Plan |
|---|---|---|
| Admission Benefits | ||
| Initial Hospital Confinement | $1,100 | $2,200 |
| Daily Benefit Amount | $100 | $200 |
| Facility Confinement Benefit | ||
| Daily Hospital Confinement Benefit | $100/day, up to 31 days per confinement | $200/day, up to 31 days per confinement |
| Daily Critical Care Unit Confinement Benefit | $200/day, up to 30 days per confinement | $400/day, up to 30 days per confinement |
| Inpatient Rehabilitation Facility | $100/day, up to 30 days per confinement | $200/day, up to 30 days per confinement |
| Observation Unit Daily Benefits | $250/day, up to a max of 1 day per calendar year | $250/day, up to a max of 1 day per calendar year |
| Dependent Benefits | ||
| Spouse | 100% of employee amount | 100% of employee amount |
| Child(ren) | 100% of employee amount | 100% of employee amount |
