Buy Health Insurance Online

Exclusive

Wellness Benefits

24*7 Claims

Support

Tax Savings

u/s 80D

9000+ Cashless Hospitals PAN India

Pincode

+91 Enter Mobile Number

Try agian later

I agree to the Terms & Conditions

Port My Policy

Download Policy

(Incl 18% GST)

What are the Daily Hospital Cash Benefits in Health Insurance?

Medical bills aren’t the only expenses that pile up when unexpected hospitalisation strikes. The financial burden can be overwhelming, from transportation costs to meals, attendant charges, and even income loss. 😰

This is where Daily Hospital Cash Benefits in health insurance step in as a game-changer. Unlike standard health policies that reimburse only hospital bills, this benefit provides a fixed daily payout, regardless of actual medical costs.

Whether it’s ₹500 or ₹5,000 per day (as per your plan), this extra cash offers financial flexibility to manage additional expenses, making hospitalization a little less stressful and recovery a lot smoother. 🙂

Team Digit

What is Daily Hospital Cash Benefit?
Importance of Daily Hospital Cash Benefit
Features of Daily Hospital Cash Benefits
Benefits of Daily Hospital Cash Benefit
What is Covered and Not Covered?
Effect of ICU on Daily Hospital Cash Benefit
How Much Can You Claim?
Who Should Consider for Hospital Cash Benefit?
Frequently Asked Questions

What is Daily Hospital Cash Benefit?

A hospital daily cash policy is an additional benefit added to basic health insurance coverage for a slightly higher premium. To cover daily expenses not covered by the basic health insurance plan, the insurer will give the policyholder a fixed daily cash compensation if they are admitted to the hospital for a few days over the course of 24 hours for any medical treatment.

The amount of your daily hospital cash allowance is determined when you purchase the policy. While receiving hospital treatment, you can utilize this daily cash income to cover additional bills as well as overhead charges.

Why is Daily Hospital Cash Benefit Important in Health Insurance?

Medical emergencies can be unpredictable, and while health insurance covers hospital bills, many hidden expenses can still strain your finances. This is where Daily Hospital Cash Insurance becomes important.

Here are some importance of hospital cash insurance:

Key Features of Daily Hospital Cash Benefits

Daily Cash Benefit: Depending on your chosen plan, you will receive a fixed daily cash amount to help with medical and non-medical expenses.
Hospitalization Coverage: The policy covers hospitalization for a minimum of 3 days and up to 150 days, ensuring extended financial assistance if needed.
ICU Benefits: If admitted to the ICU, you receive double the daily cash allowance for each continuous and completed 24-hour period.
Tax Savings: Under Section 80D of the Income Tax Act, you can enjoy tax exemptions of up to 50,000, reducing your overall tax burden.
Simple & Paperless Process: From purchasing the policy to making claims, the entire process is digital, quick, and hassle-free, with no need for hard copies, even for claims!

Note: The features mentioned above are not Digit-specific. Different insurers provide different limits. Read your policy document to know your daily cash allowance. However, Digit provides the Daily Hospital Cash Benefit under its group health insurance policy.

Benefits of Daily Hospital Cash Benefit in Health Insurance

A Daily Hospital Cash Insurance provides a fixed cash benefit for each day of hospitalization, offering financial support when you need it the most. This additional coverage ensures that you can manage medical expenses without dipping into your savings.

Along with this, there are several other benefits of daily hospital cash insurance. It includes:

What is Covered Under a Daily Hospital Cash Benefit?

Although your health insurance policy covers most of your expenses when you are hospitalized, some expenses are not covered by your health plan. Such expenses are called inadmissible expenses and include surgical accessories, X-ray charges, and expenses incurred by accompanying family members.

Hence, a daily hospital cash benefit covers:

Only a valid hospitalization of at least 24 to 48 hours.
The policy covers hospitalization for a minimum of 3 days and up to 150 days
Daily cash amount ranging from ₹50 to ₹50,000 per day as per your policy
A daily hospital cash benefit provides a lump sum daily in case of hospitalization, which can be used according to the insured’s needs.
The money can be used to meet additional expenses that are not covered by health insurance or to compensate for the loss of income during the period of hospitalization.
The daily cash can be used to cover the cost of consumables, gloves, travel expenses, personal attendance, etc.

Note: The coverage mentioned above is not Digit-specific. Different insurance companies have different clauses, so it is recommended that you read your policy document before proceeding.

What is Not Covered Under the Daily Hospital Cash Benefit?

Pre-Existing Diseases

In case of a pre-existing disease, unless the waiting period is over, the claim for that disease or illness cannot be made.

Hospitalisation for Less Than 24 Hours

This benefit does not cover treatment done under 24 hours, daycare or OPD treatments.

Hospitalization Without a Doctor’s Recommendation

Any condition you get hospitalized for that doesn’t match the doctor’s prescription is not covered

How ICU Admission Affect Your Daily Hospital Cash Benefit?

If someone is admitted to the ICU (Intensive Care Unit), the Daily Hospital Cash Benefit typically increases. Most insurance providers offer double the daily cash allowance for each completed 24-hour period spent in the ICU.

For instance, if the daily hospital cash in a regular room under your policy is Rs.1000, when admitted to an ICU, that will become Rs. 2000.

Here are some effects of ICU stay on Daily Hospital Cash Benefit:

The insured receives twice the standard daily cash amount.
Some policies may have a longer maximum coverage duration for ICU stays.
ICU stays often lead to higher expenses, and the increased payout helps ease the financial burden.

How Much Can You Claim Under a Daily Hospital Cash Benefit Policy?

The amount ranges from Rs. 50 to Rs. 50,000, on an average. Also, some insurers who offer this benefit inbuilt in the health insurance plan, have a % of it linked with the Sum Insured. X% of the Sum Insured is offered as a daily hospital cash benefit. However, this varies from one insurer to the other and has to be opted for while taking the policy.

This plan ensures extra financial security, making hospitalization stress-free and manageable.

Who Should Consider Having Daily Hospital Cash Benefit?

You may rest easy knowing that you have additional financial support with the help of daily cash benefits. However, the following individuals particularly benefit from this add-on: -

Families: When a family's only provider is admitted to the hospital, it frequently results in financial distress for the other family members. Choosing hospital cash benefit insurance can be a useful way to support people with dependent family members.

Self-Employeed Professional: Due to the possibility of losing their jobs, anyone who works a typical 9–5 job with few or no paid vacation days may put off getting medical care until the last minute. They can, however, take advantage of enough money to make up for the loss of income thanks to the daily cash benefit program.

Policyholders with High Deductibles: Until the insurer's coverage begins, policyholders with high deductibles may find that the daily cash allowance compensation helps pay for medical costs.

Daily Hospital Cash Benefits in health insurance is a valuable financial cushion during hospitalization, covering expenses that traditional health insurance might overlook.

Affordable premiums and a hassle-free claims process make it a smart addition to any health insurance plan. In times of medical emergency, having that extra financial support can make a world of difference, helping you focus on what truly matters: your health and recovery.

FAQs about Daily Hospital Cash Benefit

All

Are there any conditions that needs to be kept in mind while opting for a Daily Hospital Cash Benefit?

The insured must be hospitalized for a minimum period of 24 to 48 hours to avail daily hospital cash
Day Care Procedures and treatment are not covered under the scope of this plan
There is a maximum ceiling on the number of hospitalization days in a policy year for which the allowance is payable. This ceiling is usually of 30, 60 or 90 days
Like other benefits, there is a waiting period in health insurance to avail this benefit

Can daily hospital cash benefit be availed over and above the health insurance?

Yes, daily hospital cash benefit caters to those expenses that are not taken care by your health insurance. So, it can be used to cover the expenses that are not generally covered by your health insurance policy.

What is not covered under daily hospital cash benefit in health insurance?

A health insurance policy will not cover the hospitalisation cost if you are released from the hospital.

What documents are required to receive the daily hospital cash benefit?

Certain documents are required to receive the daily hospital cash benefit. It includes:

Proof of admission/hospitalization with length of stay
Discharge summary from the hospital for admissibility of the claim
Test Reports, Hospital Bills and Identity proof are also required

Does obtaining hospital daily cash insurance have an age restriction?

Yes, only people above 18 years of age are eligible to acquire the hospital daily cash insurance plan. After ninety days, a dependent kid may also be covered as long as one parent has health insurance at the same time.

How many days may I receive daily cash while I'm in the hospital?

Depending on your policy's terms and conditions, you can receive the hospital's daily cash health coverage for 30 or 60 or 120 days.

What can I do with the money from my hospital cash insurance?

Any charges that are not covered by your basic health insurance plan, like the price of some consumables, transportation, and even food, can be paid for with the hospital cash insurance money.

How can I get my insurer's daily cash benefit?

Here are the steps on how you can get the daily cash benefit in the hospital:

Notify your insurer within 24 to 48 hours after being admitted to hospital.
Use the online claim form or other steps specified by the specific insurer to submit a claim.
Give the required information and submit all the mandatory bills.
Before authorizing the daily cash award, let the insurance assess your claim.

What paperwork is needed to make a cashless claim?

Some documents are required before filing a claim, including:

A properly completed and signed claim form
A copy of the health insurance policy,
An Aadhaar card, proof of the policyholder's age and identification,
Hospital bills, prescriptions, etc.

Do daily hospital cash cover need to be purchased separately?

The majority of insurance providers include this coverage in their basic health plan. However, you may need to get this coverage as an add-on to your main health insurance policy. Check with your insurance company about the specific plans.

Does every kind of health plan provide for a daily hospital cash benefit?

Yes, all kinds of health insurance policies offer daily hospital cash rewards. Thus, you can add this coverage to any health plan you purchase.

Is it possible for me to submit more than one claim for daily cash health insurance benefits?

Throughout your insurance policy term, you are permitted to submit more than one claim. However, the insurance company will not permit you to file any additional claims after you have used up the whole amount protected.

Does the Daily Cash Benefit cover hospital stays for the duration of the policy period?

No, as the policy terms specify that the daily hospital cash coverage will be offered for a predetermined number of days. There may occasionally be restrictions on how many days you can make use of this hospitalization or add-on coverage over the course of the policy.

More articles related to Health Insurance

Domiciliary Hospitalization Cover

Group COVID Insurance for SME's Industries & Companies | Digit

Health Insurance Tax Benefits for Senior Citizens

Mental Health Insurance

Air Ambulance Cover in Health Insurance

Benefits of Critical Illness Cover

Health Insurance Glossary India: Terminology, Terms and Definitions

Senior Citizen Health Insurance

GMC and GPA in Health Insurance Policy

Coinsurance vs Copay vs Deductible

Myths about Health Insurance

Increase of Health Insurance Premium on Renewal

What is ABHA Card

What is Health Insurance?

Super Top-up Health Insurance for Corporate Employees - Check Prices

Difference between Mediclaim and Health Insurance

Copay in Health Insurance

Pre & Post Hospitalization Expenses in Health Insurance

Health Insurance with Cancer Cover

Health Insurance for Vector Borne Diseases & COVID-19 Online

Life Insurance vs Health Insurance

Health Insurance for Vector Borne Diseases & COVID-19 Online

Indemnity Health Insurance

Health Insurance Plans for Family

Cooling-off Period in Health Insurance

Add-Ons in Health Insurance Policy

Consumables Cover in Health Insurance

Waiting Period vs Survival Period in Health Insurance

TPA in Health Insurance

Types of Health Insurance Plans

Health Insurance for Parents

Reimbursement Claims in Health Insurance

What to do if you are tested Positive for COVID-19?

Health Insurance Non-Medical Expenses

Critical Illness Health Insurance Cover

Grace Period in Health Insurance

Waiting Period in Health Insurance

Road Ambulance Health Insurance

Nominee in Health Insurance

Health Tips & Guides

Anywhere Cashless Hospitals - Hassle Free Hospitalization Anywhere in India

Day Care Treatment in Health Insurance

Health Insurance Premium Calculator

Health Insurance for Disabled Person

Yoga Asanas & Exercises for Better Lifestyle

Is Dental Covered in Health Insurance?

Zone Based Health Insurance in India

Health Insurance for Government Employees

Health Insurance for Smokers

Restoration Benefit in Health Insurance

Check Health Claim Status Online Instantly

Comprehensive Health Insurance

Compare Health Insurance

Coronavirus Cover: Health Insurance for Coronavirus Treatment

Healthy Lifestyle

Health Insurance for Self Employed/Freelancer

Types of Health Insurance Claims

Benefits of Health Insurance

Reason to Buy Seperate Health Insurance for Parents

Daily Hospital Cash Benefit in Health Insurance

Health Insurance on EMI

Health Insurance for Mother

PED in Health Insurance

Cashless Health Insurance

How to Port Health Insurance?

Health Insurance Tips

Moratorium Underwriting vs Full Medical Underwriting

Government Insurance Schemes

Loading in Health Insurance

AYUSH Health Insurance Benefits

Health Insurance Tax Benefits

Super Top-up Health Insurance for Employees Retiring Soon

Personal Accident Insurance

Super Top-up Health Insurance for Senior Citizens in India - Check Prices

Sum Insured in Health Insurance

What is Long-term Health Insurance? Features & Benefits Explained

Individual Health Insurance

Term Insurance vs Health Insurance

Health Insurance for Diabetes Patients

Corona Kavach Policy: Buy COVID Kavach Health Insurance Online

File Health Claims Online on Digit App

Health Insurance After Retirement

Organ Transplant Cover in Health Insurance

List of Excluded Hospitals

Family Floater vs Individual Health Insurance

How to Choose the Right Sum Insured in Health Insurance?

Room Rent Capping in Health Insurance

How to Reduce your Health Insurance Premium?

Check Digit Health Insurance Claims Status on Digit App

Family Floater Health Insurance

Cumulative Bonus in Health Insurance

Download your Health e-Card

Wellness Benefits with Digit Health Insurance

City

Inpatient vs Outpatient Hospitalisation

Health Insurance with Free Medical Check Up

Deductible in Health Insurance

List of Excluded Hospitals

Maternity Health Insurance

Indemnity Based vs Fixed Benefits Health Insurance

Maternity Coverage with No Waiting Period

GHC

Health Insurance Bariatric Surgery Cover

Super Top up Health Insurance

Cataract Health Insurance

Best Health Insurance Policy

Corona Rakshak Policy Online: Health Insurance for COVID-19 in India

Arogya Sanjeevani Policy

Health Insurance OPD Cover

Coronavirus Health Insurance: COVID-19 Insurance Policy in India

Government Health Insurance Scheme

Health Insurance for NRI Parents

Exclusions in Health Insurance

Sub Limit in Health Insurance

Health Insurance for Disabled & HIV/AIDS Patients: Check Coverage and Benefits

Terminal Illness vs Critical Illness

Health Insurance Plan that Covers Infertility Treatments

Health Insurance Options for Retirees

Check Pending Challan only on Digit App

Install

Check Pending Challan only on Digit App

Latest News

Currently there are no news to show.

Renew & Download Policy Document, Check Challan, Credit Score, PUC & more

56K+ Reviews

4.7

Rated App

56K+ Reviews

11K+ Reviews

4.3

Rated App

11K+ Reviews

Download the App

CIN: L66010PN2016PLC167410, IRDAI Reg. No. 158.

Go Digit General Insurance Limited | Corporate Office Address: Atlantis, 95, 4th B Cross Road, Koramangala Industrial Layout, 5th Block, Bengaluru 560095 | Registered Office Address: 1 to 6 floors, Ananta One (AR One), Pride Hotel Lane, Narveer Tanaji Wadi, Shivaji Nagar, Pune-411005, Maharashtra | Trade logo of Go Digit General Insurance Ltd. displayed above belongs to Go Digit lnfoworks Services Private Limited and is provided and used by Go Digit General Insurance Ltd. under license.

What are the Daily Hospital Cash Benefits in Health Insurance?

Table of Contents

What is Daily Hospital Cash Benefit?

Why is Daily Hospital Cash Benefit Important in Health Insurance?

Valid for Several Days

Eligible to use the Excess Amount

Flexibility in Usage

Key Features of Daily Hospital Cash Benefits

Benefits of Daily Hospital Cash Benefit in Health Insurance

Provides Compensation for all Expenses

Protects No-Claim Bonus (NCB)

Fixed Daily Payout

Affordable Premiums

What is Covered Under a Daily Hospital Cash Benefit?

What is Not Covered Under the Daily Hospital Cash Benefit?

Pre-Existing Diseases

Hospitalisation for Less Than 24 Hours

Hospitalization Without a Doctor’s Recommendation

How ICU Admission Affect Your Daily Hospital Cash Benefit?

How Much Can You Claim Under a Daily Hospital Cash Benefit Policy?

Who Should Consider Having Daily Hospital Cash Benefit?

FAQs about Daily Hospital Cash Benefit

Are there any conditions that needs to be kept in mind while opting for a Daily Hospital Cash Benefit?

Can daily hospital cash benefit be availed over and above the health insurance?

What is not covered under daily hospital cash benefit in health insurance?

What documents are required to receive the daily hospital cash benefit?

Does obtaining hospital daily cash insurance have an age restriction?

How many days may I receive daily cash while I'm in the hospital?

What can I do with the money from my hospital cash insurance?

How can I get my insurer's daily cash benefit?

What paperwork is needed to make a cashless claim?

Do daily hospital cash cover need to be purchased separately?

Does every kind of health plan provide for a daily hospital cash benefit?

Is it possible for me to submit more than one claim for daily cash health insurance benefits?

Does the Daily Cash Benefit cover hospital stays for the duration of the policy period?

Latest News