Important

The Hospital Deductible Insurance Plan (HDI) is not comprehensive major medical insurance. It is a plan providing a lump sum payment, based on the benefit amount selected, for the first hospital confinement occurring during a Plan Year.

It is designed to help employees and their families take care of hospital confinement expenses that may fall under the deductible requirement of a high deductible health insurance plan. This plan pays in addition to any other insurance in force. Please note, also, that this plan is not a Medicare Supplement plan.

This information is a brief description of the important features of the insurance plan. It is not a contract of insurance. Terms and conditions of coverage will be set forth in the group policy underwritten by ACE American Insurance Company and issued to the employer or, in some states, to the ACE USA Accident & Health Insurance Trust on behalf of the employer. The group policy is subject to the laws of the employer’s state or, if issued through the Trust, the District of Columbia. Please keep this material as a reference and review your group policy carefully once you receive it.

“Plan Year” as referenced in this material means the 12 consecutive month period beginning on the employer’s group policy effective date and each anniversary thereafter.