Hospital Insurance or Hospital Indemnity Plans provides daily hospital room and board and usual hospital services and supply costs during hospital stays; hospital insurance can help with your out of pocket expenses. If you are hospitalized, most patients have to meet a deductible before any benefits are paid or perhaps your insurance only pays a percentage of the total cost, for example 80% covered means 20% of the cost comes out of your pocket. With the high and rising costs of healthcare, many feel much safer and more protected with the added benefits of hospital insurance to avoid the financial burden that can develop in the event of illness or an accident which requires hospitalization.
