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TeachMeFinance.com - explain Hospital Indemnity Insurance Hospital Indemnity Insurance The term 'Hospital Indemnity Insurance ' as it applies to the area of Medicare in the United States can be defined as ' This kind of insurance pays a certain cash amount for each day you are in the hospital up to a certain number of days. Indemnity insurance doesn't fill gaps in your Medicare coverage'. Previous 5 Terms: Hospice Hospice Care Hospital Acquired Condition (HAC) Hospital Assumptions Hospital Coinsurance Next 5 Terms: Hospital Input Price Index Hospital Insurance Hospital Insurance (Part A) Hospital Market Basket Hospital Outcome of Care Measures About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.