The Hartford launches new hospital indemnity plan design

The Hartford has introduced Behavioral Health and Substance Support Benefits, a new plan design option for its group hospital indemnity insurance product. The new plan includes additional benefits to help provide financial assistance for those who receive treatment for mental health conditions and substance use disorders.

“The pandemic led to an increase in substance misuse and mental health conditions and we also heard from employers that they are increasingly looking for benefits that support their employees’ well-being. We believe our enhanced hospital indemnity plan meets a growing need to remove financial barriers for many people who need medical care, including specialized treatment for addiction or mental illness.” – Jonathan Bennett, head of Group Benefits at The Hartford.

Hospital indemnity insurance provides a cash benefit if there’s a hospital stay due to an illness or injury covered by the plan. The Hartford’s new hospital indemnity plan design helps deliver financial assistance for those receiving substance use disorder and mental illness treatment. The benefit payments can be used to cover costs related to medical expenses, such as copays or deductibles, as well as everyday costs, such as housing or groceries.

Other features of The Hartford’s new Behavioral Health and Substance Support Benefits plan design include:

  • Multiple coverage options for the employee only, employee and spouse/partner, employee and child(ren) or family;
  • Employer-paid, employee-paid or cost-sharing funding options; and
  • Value-added services that provide employees access to professional counseling for financial, legal and emotional issues, as well as access to benefit specialists and nurses for administrative and clinical support to address medical care and claims concerns.