Large medical bills, expected or not, can be stressful. Oftentimes, consumers must meet their health insurance deductible before plan benefits fully kick in. Hospital and surgical health insurance plans can help reduce out-of-pocket costs by paying fixed benefit amounts to help with covered medical expenses resulting from hospitalization, surgery and certain outpatient therapy services.
This type of coverage may be the right fit if you are looking for:
This is not qualifying health coverage (“Minimum Essential Coverage”) that satisfies the health coverage requirement of the Affordable Care Act. If you don't have Minimum Essential Coverage, you may owe an additional payment with your taxes.