Hospital Cash Insurance
Hospital cash plans pay you daily lump sum amounts for each day spent at a hospital. This is different from the usual Mediclaim policies. Mediclaim only covers the medical aspect of hospitalization. But if you or any of your loved ones have been hospitalized, you would know that medical costs are only one part of the whole story. There is a host of other charges, such as expenses incurred on conveyance by family members to and from hospital, special diet expenses, expenses incurred by family member staying with patient and so on. This type of expenses is covered by the hospital cash plan. By no stretch of the imagination is the hospital cash plan a substitute for a Mediclaim policy. It should only supplement your Mediclaim and critical illness plans.
You will find all the insurers that offer hospital cash plans here, arranged neatly for the most convenient browsing.