Supplemental Health
What is hospital indemnity insurance?
Hospital indemnity insurance pays a fixed daily cash benefit for each day you're hospitalized — regardless of diagnosis. No receipts. No coordination with health insurance. Cash is yours to use for anything. Typically pays $100–$500/day. Particularly valuable for high-deductible health plan holders. Typically costs $15–$40/month for an individual.
Key Points
- Pays a fixed daily cash benefit for each day hospitalized
- No receipts, no coordination with health insurance — cash is yours
- Typical benefit: $100–$500 per day
- Particularly valuable for high-deductible health plan holders
- Typically costs $15–$40/month for an individual
- Pays in addition to health insurance — both policies pay independently