Hospital daily cash insurance is a health insurance policy that offers a set amount for each day of hospitalization lasting more than 24 hours. It is a fixed daily allowance given to the policyholder to cover miscellaneous expenses during hospitalization.
For example, if you are hospitalized and have a health plan, you will get INR 1K as Hospital Daily Cash for each day of hospitalization. It makes no difference if you spend 1200 INR or 800 INR on other medical expenses. The health insurance company will give you a pre-determined benefit of INR 1000 for each day of hospitalization.
Hospicash insurance also comes as a separate health insurance plan. Below mentioned are some of the conditions under these hospital daily cash policies to get coverage benefits:
You can avail of this coverage benefit of hospicash in the below-mentioned form:
Below mentioned are the features of hospicash insurance:
Below mentioned are some of the benefits of the hospital daily cash policy:
Below mentioned are some of the best hospital daily cash insurance plans in India:
Daily Hospital Cash Insurance | Health Insurance Company Name | Amount INR | Number of Days |
---|---|---|---|
Aditya Birla Activ Assure Diamond Health Insurance Plan ( in-built coverage benefit) | Aditya Birla Health Insurance | INR 500 | For consecutive 5 days |
Bajaj Allianz Hospital Cash Benefit Policy | Bajaj Allianz Health Insurance | INR 500 to INR 2500 | 30 days & 60 days |
Future Generali Hospital Cash Plan | Future Generali Health Insurance | INR 500 - INR 9000 | 30, 60, 90, & 180 days |
Iffco Tokio Hospital Daily Cash Policy | Iffco Tokio Health Insurance | INR 250 to INR 5000 | 15, 30, 60, 90, & 180 days |
Kotak Mahindra Hospital Cash Optional Cover | Kotak Mahindra Health Insurance | N/A | 3 days onwards |
Manipal Cigna Health Insurance Plans | Manipal Cigna Health Insurance | INR 1000 to INR 3000 | N/A |
Royal Sundaram Lifeline Insurance Plan | Royal Sundaram Health Insurance | INR 1000, INR 2000, INR 5000 | 30 days |
Star Comprehensive Insurance | Star Health Insurance | Basic Plan: INR 1000, INR 2000, & INR 3000 Enhanced Plan: INR 3000, INR 4000, & INR 5000 | Basic Plan: 30, 60, 90, 120, & 180 days Enhanced Plan: 90, 120, & 180 days |
SBI Hospital Daily Cash Insurance Policy | SBI Health Insurance | Sickness: INR 500 to INR 2000 Accident: INR 1000 to INR 4000 | 30/60 days |
Below mentioned are some of the significant exclusions under hospicash insurance:
Reimbursement is the only option to submit a claim under Daily Hospital Cash Policy. You are responsible for paying the hospital bills out of pocket first and will receive reimbursement or payment from the health insurance company later. Below are the steps to file a reimbursement claim under the hospital daily cash policy:
Below mentioned are the required documents that you should submit for filing a claim under hospicash insurance: