HM Insurance Group Launches Hospital Indemnity Product

Group Supplemental Portfolio Expands Options for Filling Gaps

Nov 21, 2013, 10:00 ET from HM Insurance Group

PITTSBURGH, Nov. 21, 2013 /PRNewswire/ -- HM Insurance Group added hospital indemnity coverage to its suite of group supplemental products, giving groups another option for filling gaps in employee benefits coverage. Hospital indemnity pays a fixed amount per day to covered members when an accident or illness strikes.

"Hospital indemnity provides an opportunity to cover the gap created between what is covered by a traditional health insurance plan and the remaining out-of-pocket expenses that can accompany an illness or injury," Mike Sullivan, president and chief operating officer, said. "Hospital indemnity benefits can help to provide financial protection when used to make co-pays, replace lost income and pay bills."

HM also offers clients – at no charge – an online enrollment tool, HM Benefit Choice. This site helps groups and employees to expand their benefits package and get the additional coverage they need in a convenient online environment and without the hassle of additional paperwork.

HM's group supplemental products are considered to be excepted benefits under the Patient Protection and Affordable Care Act. Learn more about hospital indemnity, as well as HM's other group supplemental products that include accident, critical illness, disability income and term life, on

About HM Insurance Group
HM Insurance Group (HM), headquartered in Pittsburgh, Pa., works to protect businesses and their employees from the potential financial risks associated with health costs. The company's product portfolio provides producers with health risk solutions that address a range of risk situations confronting employers, employees, health care providers and individuals. A recognized leader in employer stop loss, HM also offers managed care and provider reinsurance, workers' compensation (Pennsylvania only) and group supplemental insurance – critical illness, accident, disability income, hospital indemnity and term life – nationally through strategic distribution partners and individual critical Illness and accident insurance plans in Pennsylvania and West Virginia. Learn more at

SOURCE HM Insurance Group