{"id":18597,"date":"2021-10-28T10:42:03","date_gmt":"2021-10-28T10:42:03","guid":{"rendered":"https:\/\/insuropedia.in?p=18597"},"modified":"2022-05-11T11:41:05","modified_gmt":"2022-05-11T11:41:05","slug":"how-does-daily-hospital-cash-policy-work","status":"publish","type":"post","link":"https:\/\/securenow.in\/insuropedia\/how-does-daily-hospital-cash-policy-work\/","title":{"rendered":"How does daily hospital cash policy work?"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>The daily hospital cash policy provides a fixed amount for each day when hospitalized. Fixing the daily limit at the time of enrollment for the policy remains the same for the duration of cover. The policy pays a fixed benefit for each day of hospitalization irrespective of the actual medical costs incurred in treatment.<\/p>\n<p>&nbsp;<\/p>\n<p>This policy can be taken as a standalone cover or as an add-on to the <a href=\"https:\/\/securenow.in\/individual-insurance\/family-health-insurance\">health insurance policy<\/a> to take care of incidental expenses in case of hospitalization. Though your health insurance policy will cover a major part of your expenses yous, if hospitalized, expenses for consumables, diet, vitamins, tonics, etc. Termed as non-admissible expenses, you need to bear. Setting off these incidental expenses through a daily cash policy.<\/p>\n<p>&nbsp;<\/p>\n<h4>Read further:<\/h4>\n<p>An important point to note is that daily hospital cash benefit will kick only if there is a valid hospitalization claim (IPD) for min. 24 hrs. or prescribed day-care treatment as per insurer\u2019s list. To claim this benefit one does not need to submit supporting bills. Only a discharge summary that mentions the date of admission and discharge is sufficient.<\/p>\n<p>&nbsp;<\/p>\n<p>On average daily hospital cash benefit is available for 30 to 45 days in a policy period. However, it varies by insurer and policy. In case your hospital cash benefit has 30 days limit, you&#8217;re eligible to receive daily hospital cash for 30 days. Even if the hospitalization period is &gt; 30 days, the insurer\u2019s liability under this policy will be up to the daily cash limit for 30 days.<\/p>\n<p>&nbsp;<\/p>\n<p>The daily limit in a hospital cash policy ranges from INR 500 per day to INR 10,000 per day. Owing to the fact that ICU expenses are higher. Some policies offer a double limit on daily cash benefits in the benefit structure. If admitted the insured to an ICU.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The daily hospital cash policy provides a fixed amount for each day when hospitalized. Fixing the daily limit at the time of enrollment for the policy remains the same for the duration of cover. The policy pays a fixed benefit for each day of hospitalization irrespective of the actual medical costs incurred in treatment. &nbsp; [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_lmt_disableupdate":"","_lmt_disable":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1159,969],"tags":[36,1150],"class_list":["post-18597","post","type-post","status-publish","format-standard","hentry","category-product-features-health-insurance","category-health-insurance","tag-health-insurance","tag-daily-hospital-cash"],"acf":[],"modified_by":null,"_links":{"self":[{"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/posts\/18597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/comments?post=18597"}],"version-history":[{"count":6,"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/posts\/18597\/revisions"}],"predecessor-version":[{"id":20832,"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/posts\/18597\/revisions\/20832"}],"wp:attachment":[{"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/media?parent=18597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/categories?post=18597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/securenow.in\/insuropedia\/wp-json\/wp\/v2\/tags?post=18597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}