Medico Hospital Indemnity Insurance

Medico Hospital Indemnity Plan provides coverage for hidden costs when seniors are admitted to the Hospital.

Medico Insurance Company
  • 100% Observation unit & pays day 1
  • $1000 per year travel and lodging
  • 10-20% lower premium than any other on the market
  • 7% Household Discount

Why should you sell the Medico Hospital Indemnity Plan?

  • Household discount
  • Competitive pricing
  • Anyone between the ages of 40 and 85 is eligible 
  • 7 optional benefit riders

Medico Hospital Indemnity 2.0

New and existing clients will have access to new benefits, all at the same great cost. These new enhancements include:

  • A guaranteed issue period for clients who are 64–67 years old at the time they sign the application
  • A three-day benefit period on the base hospital confinement benefit
  • New and existing customers no longer need to be admitted to a hospital emergency room within 24 hours of receiving treatment to use the Emergency Room benefit
  • Easier Underwriting - Less look-back

You will also be able to quote and provide policies to clients down to age 18 in all states where the product is available, except in Kansas and Montana, where the minimum issue age remains 50 years old.

Print materials are available now.

Medico Setting the Standard in Senior Protection

  • Located in Des Moines, Iowa
  • Over 40 years in Medicare supplement
  • A.M. Best Rating of A- (excellent)

Medico Hospital Indemnity Resources

  • Medico agent portal (e-apps, supplies, training, commissions, and more)
  • Fax number: 402-496-8199
  • Medico Member services line: 800-228-6080

Hospital Indemnity Payout For Select States

The following Hospital Indemnity payout information is for agents working in Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, and Wyoming. 

Bonus tiers are the following:

  1. With 3-9 applications, earn $25 per application
  2. With 10-19 applications, earn $35 per application
  3. With 20+ applications, earn $50 per application

Agents can earn a payout in a given month as soon as a bonus tier is achieved with submitted and approved applications. Bonus tiers are counted accumulatively throughout the quarter. Bonus tier payout amounts are paid retroactively on all preceding qualifying applications.

For more details, visit the Medico Hospital Indemnity incentive page.

Where can you sell this Hospital Indemnity Plan?

Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, and Wyoming

Medico Hospital Indemnity Plan

FOR AGENT USE ONLY - Cannot be distributed to the public or used in any consumer solicitation. Plans may not be available in all states. Contact Tidewater Management Group (NC & SC FMO) for more details. (888) 622-9122

Call Tidewater Management Group today to find out the details on this hospital indemnity plan available to our partners: (888) 622-9122

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