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Product Highlights
no physicals or blood work 1
benefits for variety of employee schedules
spouse and child policy options
payroll-deducted premiums

When Ann, the human resources manager for a hospital, researches ways to help her company's employees with the rising costs of medical care, she learns that Transamerica Provider SelectSM provides benefits, paid directly to the insured, which help with expenses related to a hospital stay.

It also pays double benefits when employees use their employer's facilities, encouraging them to receive care in-house and lowering employee medical care costs for the hospital.

Choose a policy that helps give employees peace of mind.

Ann knows that the competition for the best healthcare experts is fierce. Offering them a strong benefits package that includes Transamerica Provider SelectSM is a great way to attract and retain the best in their fields. No one values hospital indemnity insurance like health care professionals.

The base policy is a daily in-hospital indemnity benefit which pays a specified amount for each day an insured person is confined to the hospital as the result of a policy-specified accident or illness. It also features:

  • benefits for full-time, part-time, hourly, seasonal and temporary workers (and eligible family members)
  • availability for any size group enrolling more than five employees
  • designed for companies with medical plans with a minimum deductible of $1,000
  • no coinsurance, co-pays, deductibles or waiting periods
  • minimum payroll-deducted premium of $10 a month
  • benefits paid in addition to other insurance the insured may have

No ID cards are required. Although they wouldn't receive double benefits when doing so, employees are still free to access any provider for care. Employers provide, either online or during enrollment, a list of facilities employees can access to be eligible for double benefits.

1 No physical exams required. Acceptance will be based on answers on application.

 

THIS IS NOT MAJOR MEDICAL INSURANCE AND IS NOT A SUBSTITUTE FOR MAJOR MEDICAL INSURANCE. IT DOES NOT QUALIFY AS MINIMUM ESSENTIAL HEALTH COVERAGE UNDER THE FEDERAL AFFORDABLE CARE ACT.

 

This is a brief summary of Transamerica Provider SelectSM Limited Group Hospital Indemnity Insurance. Policy Form Series CPGHI600 AND CCGHI600. Forms and form numbers may vary. Insurance may not be available in all jurisdictions. Limitations and exclusions apply. Refer to the policy certificate and riders for complete details.
CPS01B-1115

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