Hausik moni is a cash benefit provided to inpatients for each day of their hospitilisation. They start receiving the money on the second night of their stay, and it comes in a fixed amount, which varies depending on the insurer and the policy. The policyholder, or inpatient, has complete control over how the money is spent. They can use it to buy food, clothing, supplies, prescription drugs, special accommodations, etc.
If you're in the process of signing up for a medical insurance plan, it's important to understand the advantages of hausik moni. And if you're currently receiving the cash benefit, you might be wondering how you can use it to make your hospitalisation as comfortable as possible. After all, you only receive a certain amount per day.
Here are some factors to keep in mind when it comes to getting the most out of your hausik moni:
Don't wait to sign up for coverage
Hausik moni can be purchased as additional coverage on your medical insurance policy, or you can acquire it as stand-alone coverage. Ask your insurer whether the cash benefit is included in your plan, and if it's not, have them add it or set you up with a separate policy.
Since you never know when you might get sick or injured and have to check into the hospital, it's imperative to not wait on purchasing a hospital cash policy. Like most forms of insurance, there is a waiting period before the policy becomes active, which could be anywhere from 30 to 90 days. So if you sign up for a policy today, get sick tomorrow and have to stay in the hospital for several days, you'll be stuck paying out of pocket for everything that isn't covered by your medical insurance.
Pay for additional expenses not covered under your health plan
There are certain expenses that are not covered under all medical insurance policies. For example, equipment like X-rays are often excluded and some plans won't cover the cost of prescription drugs either. Depending on the reason for your hospitalisation, you may need these things to recover or deal with pain.
This is where hausik moni can be very beneficial. Paying for additional hospital expenses by yourself can put a serious dent in your bank account. So before you spend your cash on expensive meals or extra clothing, make sure you have enough set aside to pay for the services and supplies that directly relate to your treatment.
Avoid paying for unnecessary services, equipment and accommodations
The hospital staff might offer you certain things to make your stay more enjoyable. This could be additional doctor consultations, a wheelchair or your own private room. In some cases, you might not even know you are being charged extra for these upgrades until you get your bill at the end of your stay. So you should always ask about costs before accepting any add-ons.
If you're trying to be conservative with your hausik moni, it's important to know when to say "no." Remember, you may need that money later for important medical services.
Interested in learning more about getting the most out of your hausik moni? Connect with the experts at TPAL today!