Hospital indemnity insurance is a type of plan that pays a set amount – per day, per week, per month, or per visit – if you’re confined in a hospital. The Hospital Cash Plan is a hospital indemnity insurance plan.
The answer for at least a bit of looming medical expenses can be hospital indemnity insurance. … Either way, it provides a cash benefit paid directly to you, and can be used to help pay for out-of-pocket expenses health insurance doesn’t cover. A hospital insurance plan can cover certain medical expenses.