Hospital Indemnity

Hospital indemnity plans are considered fixed indemnity coverage, which means they provide completely separate benefits from your major medical insurance (i.e., Obamacare) plan. When you incur covered medical expenses resulting from hospitalization, surgery, chemotherapy and radiation services, your HIP will pay a fixed benefit (i.e., a set amount). That amount may be per day, per week, per month, per visit or per event, depending on the plan and the benefit that applies.

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