What is basic hospital expense insurance?
The Bankrate.com financial term of the day is: "basic hospital expense insurance."
Have you ever seen a bill for a hospital stay? The costs can easily run into the thousands of dollars -- per day. A policy called basic hospital expense insurance will pay for many of the more routine charges for time in the hospital, for a certain number of days. Covered expenses include room and board, use of hospital supplies, X-rays and drugs.
It's no joke: Seeing your bill from a recent hospitalization can make you feel weak all over again. Basic hospital expense insurance can keep some of that financial pain at bay.
To get an insurance quote, visit the Insurance section at Bankrate.com.
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