What does hospital-surgical insurance pay for?

Question

What does hospital-surgical insurance pay for?

Answer 1

It pays only if you have surgery or if you are admitted to the hospital. It does not pay for doctor visits or prescriptions. There are several types of hospital-surgical insurance. Some are stand alone products and others are to enhance your current plan. How and when it pays will depend upon the policy.

Answer 2

These are supplementary policies that pay a set amount for a hospital stay and come with a schedule of benefits that state how much they will pay for certain types of surgery. All surgery is not the same, so they do not pay the same amount for all surgery. You have to read your schedule of benefits to see exactly what they will pay because every company is different and there are hundreds of variations in these type plans that are designed to supplement the health insurance you already have. Most people purchase one of these plans to offset any deductibles and coinsurance they would have to pay out of pocket if they had a hospital stay or needed surgery. They are not major medical insurance plans, so therefore will not do the whole job in paying for your health care needs.

Answer 3

well it all depends , there are factors the can affect the payment ... for surgery there are two t ypes... if you are going to bill for the facility or professional ..... then when you call your insurance there will be an allowable amount and there will be a coinsurance that you need to pay... deductible can also take an effect to the payment....

Answer 4

i think its incase anything goes wrong you can get compensation :)