Definition

Noun: A type of insurance coverage that pays for all or part of the costs associated with a stay in a hospital.

Usage

This term refers specifically to an insurance policy or a component of a health insurance plan. It is used when discussing financial protection against the high costs of hospital care. - Her hospitalization insurance covered the entire bill for the emergency surgery. - When comparing health plans, check what the hospitalization insurance includes.

Advanced Usage

• "to have hospitalization insurance": To possess this specific type of coverage.
  • It is crucial for freelancers to have hospitalization insurance.
• "comprehensive hospitalization insurance": A policy that covers a wide range of hospital expenses.
  • The premium is higher for comprehensive hospitalization insurance.

Variants and Related Words

• Hospitalization coverage: A synonymous phrase for the insurance benefit.
  • The new policy offers excellent hospitalization coverage.
• Hospital indemnity insurance: A specific type of insurance that pays a fixed cash amount for each day of hospitalization.
  • He purchased a hospital indemnity insurance policy as a supplement.

Synonyms

• Hospital cover (common in some English varieties like British/Australian English)
• Inpatient insurance

Related Phrases

• "out-of-pocket maximum": The maximum amount a policyholder pays for covered services in a plan year, after which the insurance pays 100%.
  • Her hospitalization insurance kicked in fully once she reached her out-of-pocket maximum.
• "pre-authorization for hospitalization": Required approval from the insurance company before a non-emergency hospital admission for it to be covered.
  • The hospitalization insurance requires pre-authorization for elective procedures.

Noun

1. insurance that pays all or part of a patient's hospital expense