No matter how good your medical insurance, if you are hospitalized for an injury or illness there will probably be medical expenses and out-of-pocket costs that aren’t covered. Maintaining your financial security includes planning for costs related to hospitalization. A hospital confinement supplemental insurance plan generally pays a daily cash benefit directly to you when you are in the hospital. The money can be used to pay unexpected medical costs or everyday living expenses.

The advantages of having supplemental hospital insurance include: