Insurance Dictionary:

Hospital Confinement Indemnity Insurance

policy that pays a fixed dollar amount for each day the insured is confined to the hospital. This method of payment is in contrast with most other Medical Expense Insurance that reimburses the insured on the costs incurred.

 
 
 

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Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more

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