Hospital Cash Benefit
If you’re faced with an extended stay in hospital, wouldn’t it be nice to know you have some extra income to help offset some of the costs associated with your stay?
This benefit provides spending money you can use to cover costs that will make your hospital stay as comfortable as possible, such as a television in your room, parking, cafeteria costs or babysitting expenses for your family. The choice is yours.
Coverage begins on the fourth day you’re in the hospital in Canada, for a maximum of 60 days in a calendar year. For an insured child under 31 days of age, coverage is limited to $50 per day starting on the fourth day in the hospital in Canada, for a maximum of 7 days confinement.
Coverage level
- Scales 1 to 4: This is an optional benefit that provides $50 per day, to a maximum of $200 per day for all insured family members, for discretionary spending while confined to a hospital.
- Guaranteed Acceptance Plan (GAP): This benefit is not available under the Guaranteed Acceptance Plan.
Detailed coverage information
Hospital means an institution that meets the following conditions:
- Is legally termed a hospital
- Is open at all times
- Offers in-patient accommodation
- Has a staff of one or more physicians available at all times
- Continuously provides 24-hour nursing by graduate registered nurses
The hospital stay must start while you’re covered under this option.
If you need more information, talk to your financial security advisor, or contact us and we’ll put you in touch with a financial security advisor in your area.
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