BizTerm Definition
Hospital Expense Insurance
Full Definition

(1) Health insurance protection against the cost of hospital care resulting from the illness or injury of the insured person. (2) A form of health insurance that provides specific benefits for daily hospital room and board and hospital services during hospital confinement. Generally the policy also provides benefits for surgical operations and for in- hospital doctor's visits, in which case the policy is referred to as a hospital and Surgical Expense Policy.

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