What are Hospital Indemnity Plans?
Hospitalization costs can be the most expensive costs, and can quickly throw off your budget while on fixed income.
Hospital Indemnity Plans (HIP), also called Hospitalization insurance or Hospital insurance, can supplement another plan or can be used as stand alone coverage. This plan can cover plan or unplanned hospital costs. The benefit amount can vary and when a claim is made, it can pay the coinsurance amount or a part of it. This can add further protection to ZEROPLAN Premiums where hospitalization co insurances are the most concern.
