Hospital Indemnity Insurance -- Too Good to be True?

Hospital Indemnity Insurance is one of the new perks that my company is offering as part of its provider change for health insurance. It covers $1000 for each hospitalization (up to eight times a year) plus $100 each day while hospitalized, for a total cost of $8.10 biweekly ($210/year). A 25% greater compensation at our hospitals, $200 per day for critical care, and 100% more for deliveries are some additional benefits. Hospitalization once every five to six years would benefit me.

Is it worthwhile to do this?

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It is only affordable because the thing it covers doesn’t happen often. It’s not crazy to skip it, but it’s not a super great deal either. If you work in healthcare, I’m guessing you already have health insurance, disability coverage, and earn a decent income. So, if you have those things, you might ask yourself if you really need an extra $1000 plus $100 a day in case you end up in the hospital.

Does this type of coverage include surgeries that are scheduled rather than emergencies, such as a hysterectomy or gall bladder removal?

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And also, can I use this for Urgent Care? or only hospitals?

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Supplemental health insurance products such as hospital indemnity are rapidly growing and highly desired employee benefits for good reason: While medical insurance covers hospital expenses, hospital indemnity insurance provides an additional layer of coverage.