Milliman Hospital Indemnity Survey
In December 2023, Milliman released its sixth Hospital Indemnity (HI) Survey Premium Report. This report represents 35 carriers and over $2.5 billion in inforce premium. The survey explored numerous facets of the HI market, including sales & inforce, product profile, product features, offerings, target metrics, commissions & tech fees, enrollment & portability, pregnancy benefits, claims & billing, risks, competitors, popular benefits, and market topics. We provide trending information from previous surveys where available. Additionally, we segment data, where appropriate, by group, individual worksite, and individual non-worksite. We then synthesize this data to provide a high-level analysis of key market trends with consultant commentary. For more information, please contact David Bahlinger in our Tampa, FL office.