Hospital Cash Insurance in the UAE
Get the Best Insurance Plan that fits for Your Need
What is Hospital Cash Insurance?
The daily cash benefit is typically included in a basic plan or available as an optional add-on in the claim. Moreover, some health insurance providers offer a standalone hospital cash insurance plan, with the benefit doubled for ICU admissions.
Keep in mind that this benefit is applicable only if you are hospitalised for at least 48 hours. It is provided for each 24-hour period spent in the hospital, with coverage extending for 30 to 45 days within a hospicash policy year. The insurer can also cover extra or additional expenses that took place during the hospitalisation period, such as transportation or lost income.
Example to get a better understanding of Hospicash insurance
John is a 40-year-old man living in the UAE. He owned a basic health insurance policy that covered his general hospital expenses. However, the policy didn’t cover additional costs such as daily hospitalisation charges, transportation, etc. John had to stay in the hospital for many days due to his medical condition, and he needed some time to recover.
However, as soon as John got his hospital cash insurance in his name, he got a daily cash allowance to cover his expenses. He got AED 300 for each day during his hospitalisation period. He got this on the second day of his stay. Here is how his hospicash plan worked for him;
Day 1: John is admitted to the hospital but does not receive the cash allowance on the first day, as the policy gets into action only after 24 hours he got hospitalised.
Day 2: He stayed in the hospital and qualified for the cash benefit of AED 300.
Day 3: He continued his hospitalisation period and received AED 300 every day.
Types of Hospital Cash Insurance Plans Available in UAE
Basic Hospital Cash Insurance Plan
This plan provides a fixed daily cash benefit for each day spent in the hospital, covering incidental expenses like meals and transportation during the hospital stay.
Standard Hospital Cash Insurance Plan
It offers a higher daily cash payout compared to the basic plan, with additional coverage options, such as extended hospitalisation or family coverage, for a more comprehensive benefit.
This includes an even higher daily cash benefit and additional perks, such as increased payouts for ICU stays and more extensive coverage for extended hospitalisations or critical conditions.
| Plan Type | Amount per day | Days |
|---|---|---|
| Basic | AED 100 | 45 days |
| Standard | AED 250 | 45 days |
| Plus | AED 500 | 45 days |
Note – The plan type and amount may vary based on insurance service providers.
What is covered under the daily cash allowance in health insurance?
Here are the expenses covered in hospital cash insurance:
- Inpatient hospitalisation
- Ambulance service costs
- Room rent
- Consultation fees
- Diagnostic tests
- Medicines
- Daycare procedures
You can use the hospital cash benefit to cover hospitalization expenses that go beyond what your health insurance plan covers. You can go for custom insurance plans that include transportation fees, caregiver fees, and lost income.
What is not covered under the daily cash health insurance?
- Medical Treatment and Surgery Costs: Some plans may not cover the actual cost of medical treatments, surgeries, or any other healthcare services provided during hospitalisation.
- Pre-Existing Conditions: Most policies do not cover hospitalisation due to pre-existing conditions unless specified otherwise, such as chronic diseases.
- Outpatient Care: Any hospital cash insurance generally does not cover outpatient consultations, diagnostic tests, or treatments that do not require hospitalisation.
- Cosmetic or Elective Procedures: Non-essential surgeries or treatments, for example, cosmetic procedures or elective surgeries, are usually excluded from the plan.
- Post-Hospitalisation Expenses: Once you are out of the hospitalisation period, the insurance plan will not cover follow-up care, rehabilitation, or treatments after discharge.
- Alternative Treatments: Treatments such as acupuncture, chiropractic services, or homoeopathy are not covered in the plan.
- Special Room Accommodations: Some policies may not cover higher-end accommodations, such as private rooms or luxury suites in the policy.
Other Exclusions
- Pregnancy and childbirth
- Dental care and treatment
- Miscarriage or abortion
- General health checkups or tests
- Vaccination and immunization
- Injuries due to hazardous sports or activities
Note – If you want to include any of the above things in your hospital cash insurance, go for insurance service providers who offer custom plans and curate them based on your needs.
Features and Benefits of Hospicash Insurance
A daily lump sum amount is paid under this hospicash care health insurance policy to cover extra hospitalisation expenses for up to 30 to 45 days.
As discussed earlier, if the patient undergoes ICU admissions, the cash will be doubled up to 7 days.
Minimum 48 hours of hospitalisation is required to obtain this benefit.
The daily cash health insurance will provide worldwide coverage.
You can also attach this plan to your basic plans offered by the insurance agent.
You will receive a fixed daily cash allowance from the insurance service provider, regardless of expenses, without the need to submit supportive bills.
You can use the hospital cash insurance to cover minor or negligible hospital expenses. This will help you save your health insurance bonus instead of losing it over small claims.
Hospital cash insurance may offer tax benefits by qualifying for deductions under certain tax laws. Premiums paid for such policies could be eligible for tax exemptions, which will reduce your taxable income.
You can use the daily cash allowance to cover additional or non-medical expenses not included in your health insurance, such as surgical accessories, family member food and travel costs, attendant fees, and household expenses. However, discuss with the insurance provider beforehand about non-medical expenses coverage.
Check out the best hospital cash insurance plans in the UAE from a reputed and reliable service provider to get all the above benefits.
Frequently Asked Questions about Hospicash Insurance
The daily cash allowance in health insurance can be AED 100 to AED 500 or more. This completely depends on the plans, policies, and service providers.
Yes, if you are hospitalised in an ICU, the hospital cash insurance will cover the expenses. Moreover, the cash benefit will double in this situation.
The Hospital Cash Insurance Policy coverage usually does not include maternity.
To get the advantage of hospital cash insurance, select a reliable insurer in the UAE and compare their policy features, benefits, and costs. Review the policy to understand the daily cash amount, waiting periods, and coverage duration. After hospitalisation, inform your insurer, file a claim, and receive the approved benefits directly in your bank account.
The Medical Insurance with Daily Cash Benefits is eligible for up to 65 years of age.
Yes, there is a coverage limit, and it depends on the insurance provider.
