Effective Health Insurance

Sunday, January 10th, 2010

Hospital Indemnity Insurance

Here’s another 101 for those who need more info on insurance. Yes, also straight from ‘ol Wikipedia.

Hospital indemnity insurance provides a fixed daily, weekly or monthly benefit while the insured is confined in a hospital. The payment is not dependent on actual hospital charges, and is most commonly expressed as a flat dollar amount. Hospital indemnity benefits are paid in addition to any other benefits that may be available, and are typically used to pay out-of-pocket and non-covered expenses associated with the primary medical plan, and to help with additional expenses (e.g., child care) incurred while in the hospital

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