As you age, the possibility increases that you will require hospitalization and recovery care for an illness or injury.
The AFA’s Hospital Indemnity & Short-Term Recovery Insurance Plan helps members and their spouse or domestic partner, ages 65 and older, pay for medical bills or out-of-pocket expenses resulting from a hospital stay and subsequent need for home recovery care.
Most health care plans, including Medicare or TRICARE For Life, do not cover all medical costs, especially when it comes to hospital stays. They also have limitations on home recovery care, including nursing home care; occupational, speech or physical therapy; companion care and homemaker services.
Additionally, hospitalizations often mean extra bills for travel, meals and lodging, pet care expenses, or extra costs for household help.
The AFA Hospital Indemnity Plan pays cash benefits directly to you after a hospitalization and subsequent home recovery care. These benefits are paid in addition to other insurance coverage you may have.
Features of this plan include:
- Guaranteed acceptance* for members and their spouses ages 65 to 99.
- A Hospital / Skilled Nursing Facility Benefit that pays up to $1,450 for each unrelated hospitalization per year for covered illnesses and injuries.
- A Home Recovery Benefit that pays $200 per day, up to a maximum of $8,000** per year, for care prescribed by a physician and governed by a home health care plan of treatment.
- Exclusive rates based on the group buying power of AFA membership!
* This policy is guaranteed acceptance but does contain a Pre-Existing Condition Limitation. Please refer to the information below on Exclusions and Limitations, such as Pre-Existing Conditions.
** At age 80, the Home Recovery Benefit reduces to $4,000 per year.