A hospital stay can be traumatic to your health, your wallet, and your family. Even if you have medical insurance, you will most likely have costs that aren’t covered. That’s when a Hospital Indemnity insurance plan can provide you with supplemental cash benefits to use as needed. Hospital Indemnity insurance can be particularly helpful since a majority of Americans don’t have enough savings to cover unplanned medical bills.
The plan pays cash directly to you even if you don’t incur any out-of-pocket expenses. The payments can be used for any purpose, including:
What Does a Hospital Indemnity Policy Cover?
The coverage your Hospital Indemnity insurance provides will depend on your plan choice.
In general, most plans cover:
Some Hospital Indemnity coverage also includes :
However, there are plans that cover even more.
