Daily Hospital Cash / Daily Cash
Daily hospital cash is a type of health insurance policy that provides daily cash benefits for each day of hospitalisation. The amount of cash benefit which is paid for each day of hospitalisation is pre-determined at the time of policy purchase.
Daily cash benefits are fixed benefits and do not depend on the cost of treatment. However, the benefit can be used to cover everyday expenses which occur during hospitalisation. These include room rent, doctor fees, nursing charges, surgery costs etc.
Daily hospital cash insurance can be bought as a stand-alone policy or as an add-on to your base health insurance policy. The premiums vary depending on the number of hospital days covered and the amount of daily cash benefit under the policy.
Some regular health insurance plans also reward policyholders with daily cash benefits for choosing shared accommodation in the hospital. Choosing a shared accommodation reduces the cost of a claim. The benefit is passed on to the policyholder in the form of daily cash. This benefit can be used to cover other expenses associated with the hospitalisation which are not included in the policy, such as food charges, attendant commute charges etc.
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A
- Accident
- Acute Care
- Acute Condition
- Age Limit
- Agent
- Ambulance Cover
- Annual Health Checkup
- Annual Renewal Date / Renewal Date
- Any One Illness
- AYUSH Treatment
B
C
- Cancer Insurance
- Cashless Facility
- Chronic Condition
- Claim
- Claim Assessment
- Claim Rejection / Claim Repudiation
- Claim Settlement
- Claim Settlement Ratio
- Comorbidity
- Congenital Anomaly
- Consumables
- Continuity Benefit / No-Lapse Benefit
- Contract
- Convalescence Benefit
- Copayment
- Critical Illness
- Cumulative Bonus / No-Claim Bonus (NCB)
D
- Daily Hospital Cash / Daily Cash
- Day Care Treatment
- Deductible
- Discharge Summary
- Domiciliary Hospitalisation
- Durable Medical Equipment
E
F
G
H
I
- Illness
- Indemnity
- Injury
- Inpatient Care / Inpatient Hospitalisation
- Insurance Ombudsman
- Insured Person
- Insurer
- Intensive Care Unit (ICU)
- IRDAI
L
M
N
O
P
- Personal Accident Cover
- Planned Hospitalisation
- Policy Document
- Policy Schedule
- Policyholder
- Portability
- Post-Hospitalisation Expenses
- Pre-Authorisation (of Cashless Claims)
- Pre-Existing Disease (PED) / Pre-Existing Condition
- Pre-Hospitalisation Expenses
- Pre-Policy Medical Check-Up
- Premium
- Proportionate Deduction
R
- Reasonable and Customary Charges
- Reimbursement
- Renewal
- Renewal Premium
- Restoration Benefit / Automatic Restoration
- Rider / Add-on Cover
- Room Rent Limit
S
- Shared Accommodation
- Sub-Limit
- Sum Insured
- Super Top-Up Health Insurance Plan
- Surgery or Surgical Procedure
- Survival Period
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