What is Hospital Confinement insurance?
Hospital Confinement insurance provides cash when an employee is hospitalized. The payment can be used toward things like hospital costs, transportation, hotels, childcare, utilities or mortgage payments.
With multiple options available for Hospital Confinement Insurance, employers gain the flexibility to select the policy type that best matches the needs of their employees.
Employees are aware of how quickly hospital expenses can add up—making employer-paid Hospital Confinement insurance a welcome part of a benefits package. Employees will know that if they, their spouse or children ever face an extended stay in the hospital, Hospital Confinement coverage gives them a way to deal with the bills that can pile up, and avoid the financial burden from out-of-pocket medical expenses, or mounting household or childcare bills.
Some Hospital Confinement insurance includes a wellness or health screening benefit that can be applied toward common wellness exams, such as a mammogram, chest X-ray or stress test.