Hospital indemnity insurance coverage is a type of supplemental medical insurance that pays you a fixed amount of money per day or per event if you are hospitalized¹²³. The benefit is paid directly to you, regardless of any other coverage you may have, and you can use it for any purpose, such as paying for deductibles, coinsurance, transportation, or other expenses¹²³.

Some reasons why you might choose this type of insurance are:

- You have a high-deductible health plan or a plan with high out-of-pocket costs that could leave you with significant medical bills if you are hospitalized¹²³.

- You want to have extra income and peace of mind in case of a hospitalization, especially if you have a family or dependents who rely on your income¹²³.

- You want to have more flexibility and control over how you use your benefits, without having to submit receipts or follow restrictions from your health insurance company¹²³.

However, hospital indemnity insurance coverage is not a substitute for health insurance, and it does not cover all the costs of hospitalization¹²³. It also may have limitations and exclusions, such as pre-existing conditions, waiting periods, benefit caps, or prior hospital confinement requirements¹²³. Some people may think that this type of insurance is not worth the premium or that it overlaps with their health insurance coverage, but in this context, a human might say that it depends on your personal needs, preferences, and budget¹²³. 

You should compare different options and consult with an insurance agent before deciding whether hospital indemnity insurance coverage is right for you.

(1) What is Hospital Indemnity Insurance and Do I Need It?. https://www.ailife.com/articles/what-is-hospital-indemnity-insurance-and-do-i-need-it.html.

(2) What Is Hospital Indemnity Insurance? – Forbes Advisor. https://www.forbes.com/advisor/health-insurance/hospital-indemnity-insurance/.

(3) Hospital Indemnity Insurance | MetLife. https://www.metlife.com/insurance/accident-health/hospital-indemnity-insurance/.

(4) Hospital Indemnity Insurance: What You Need to Know - HealthMarkets. https://www.healthmarkets.com/resources/supplemental-health-insurance/hospital-indemnity-insurance/.