PANAMED is an Individual Hospital Indemnity. This affordable, no-deductible health insurance gives individuals and their family’s freedom of choice and unparalleled value. It offers you full fixed benefits—no deductibles, coinsurance or copays—and a complete provider choice. In addition, PANAMED provides extensive coverage that includes dental and vision benefits. And because we offer you a choice of plan designs, you can choose the plan that best fits your need and budget.