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Cash Benefit Plans

EquiCash

The Insurance Policy That Pays You Cash In The Event Of A Covered Hospitalization

Cash Benefit Insurance

Who needs EquiCash?

Sure, most of us have health insurance and we think that's all we need but consider this:

  • The average expenditure for a hospital stay is $8,793.(1)

  • The average age of a hospital inpatient is approximately 53; 38% are age 65 years and over and 24% are age 75 years and over.(2)

  • The average inpatient hospital length of stay is 5.5 days for people age 65 years and over, 5 days for those aged 45-64 years, and 3.7 days for those aged 15-44 years.(2)

  • The increasing number of Americans age 65+ has the potential to greatly increase the nation's already high health care costs. The cost of providing health care for one person age 65+ is approximately three to five times greater than the cost for someone younger than 65.(3)

As concerning as these statistics are, EquiCash is an alternative to help pay the increasing out-of pocket expenses that today's medical insurance does not cover.

All plans have deductibles, copayments and limits. This product is available for ages 45 to 85. Equitable's EquiCash Hospital Indemnity Plan can help with these costs by providing the following benefits:

Silver Gold Platinum
Daily Hospital Indemnity Benefit Daily Benefit amounts between $100-$500.
10 Day Benefit Period.
Daily Benefit amounts between $100-$500.
20 Day Benefit Period.
Daily Benefit amounts between $100-$500.
90 Day Benefit Period.
Durable Medical Equipment $200 Per occurrence per calendar year ($2,500 Lifetime Maximum) $300 Per occurrence per calendar year ($2,500 Lifetime Maximum) $400 Per occurrence per calendar year ($2,500 Lifetime Maximum)
Ambulance $100 Per occurrence ($2,500 Lifetime Maximum) $150 Per occurrence ($2,500 Lifetime Maximum) $200 Per occurrence ($2,500 Lifetime Maximum)
Emergency Room Benefit $150 per emergency room visit following an accident or injury $200 per emergency room visit following an accident or injury $250 per emergency room visit following an accident or injury
Physician Benefit $25 per visit, $75 calendar year maximum $25 per visit, $75 calendar year maximum $25 per visit, $75 calendar year maximum
Optional Lump Sum Cancer Rider (for additional premium) Your choice of benefits between $1,000-$10,000 for diagnosis of cancer Your choice of benefits between $1,000-$10,000 for diagnosis of cancer Your choice of benefits between $1,000-$10,000 for diagnosis of cancer

For specific costs and further details of the coverage, including exclusions, any reductions or limitations and the terms under which the policy may be continued in force, please contact Equitable or an Equitable Agent.

The policy described above is not available in all states. The policy contains certain limitations and exclusions, which may vary by state.

Sources: (1)An American Hospital Association Company, Health Forum, Chicago, IL, AHA Hospital Statistics 2007 Edition. (2)DeFrances CJ, Lucas CA, Buie VC, Golosinskiy A. 2006 National Hospital Discharge Survey. National health statistics reports; no 5. Hyattsville, MD: National Center for Health Statistics. 2008. (3)National Center for Health Statistics. Health, United States, 2009: With Special Feature on Medical Technology. Hyattsville, MD. 2010.