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Hospital Cash

Hospital cash is a supplemental benefit that provides a fixed daily payment when you are hospitalized, regardless of the actual cost of your care. It offers financial support to cover incidental expenses such as transportation, meals for family members, or other non-medical costs during recovery.

The benefit is paid directly to you, not the hospital, and is separate from regular health insurance coverage. Daily amounts typically range from $25 to $100, depending on the plan and duration of stay.

Example:

If your plan provides $50 per day and you are hospitalized for five days, you receive $250 in cash benefits.

What to Watch For:

Hospital cash usually applies after a minimum stay, such as 24 hours, and may exclude certain types of hospitalization like day surgery.

Related Terms

Health Insurance

Health insurance is a type of coverage that helps pay for medical and healthcare expenses not fully covered by Canada’s public health system. It protects individuals and families from the high cost of prescription drugs, medical services, and treatments that fall outside provincial or territorial government health plans. Health insurance can be obtained through an employer’s group benefits plan or purchased individually from a private insurer.

Healthcare Spending Account (HCSA)

A Healthcare Spending Account (HCSA) is a flexible, employer-funded benefit that reimburses employees for a wide range of eligible healthcare expenses not fully covered by their group insurance plan or a government health plan. It allows employees to use allocated funds toward medical, dental, and vision expenses based on their personal needs. The Canada Revenue Agency (CRA) regulates which expenses qualify under the Income Tax Act, and reimbursements from an HCSA are received tax-free.

Hearing Aids

Hearing aids are devices that amplify sound for individuals with hearing loss. Most health insurance plans reimburse a portion of the cost for hearing aids every few years, often every four or five years. Coverage may include the device, fitting, and adjustments, up to a per-ear or combined dollar limit.

Home Health Aide / Home Support Services

Home health aide or home support services coverage pays for non-medical assistance provided in your home to help with daily activities during recovery from illness or injury. This may include bathing, dressing, meal preparation, and light housekeeping.

Have questions about your insurance coverage?

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