Hospital Indemnity Insurance
Hospital Indemnity insurance plans work just like other insurance plans, but focus specifically on covering any costs you may incur if you are unexpectedly hospitalized.
Hospital Indemnity plans will often cover:
- Hospital admission expenses, including emergency room or urgent care
- Ambulance services
- Travel, lodging, and food expenses in the event you must travel to receive care
- Prescription drugs
- Household help, such as childcare or financial coverage for recurring expenses (bills)
These benefits and others are some of the reasons that many Medicare policyholders choose to extend their coverage and protect their finances in the event of an unforeseen hospital visit.