Hospital Indemnity Insurance

What is Hospital Indemnity Insurance?

Hospital Indemnity insurance, sometimes called Hospitalization insurance or Hospital insurance is a plan that pays you benefits when you are confined to a hospital, whether for planned or unplanned reasons or for other medical services, depending on the policy.

Hospital Indemnity Insurance can help you fill gaps in your medical coverage by providing cash to help cover deductibles, pharmacy prescriptions and other non-covered expenses that may arise from hospital stays and services.

Who should purchase Hospital Insurance?

Hospital stays can strain even the healthiest of budgets. Therefore, in many instances, you cannot ignore the care you need even if it stresses you financially. Hospital Indemnity insurance plans provide payment for each day spent in the hospital and for some other qualified expenses as well. This will be money you can use as you choose, whether for hospital bills or those other costs that come up while you are recovering.

What Are the Benefits of Hospital Indemnity Insurance?

Hospital insurance can benefit your family and you in quite a few ways:
1. Benefits are yours to use how you wish
2. No networks: Benefits are the same regardless of network or provider
3. You do not face any deductibles to receive benefits
4. It is possible to get coverage for the entire family