hospital confinement insurance
A type
of health insurance that provides a predetermined flat benefit
amount for each day an insured is hospitalized. The benefit amount
does not vary according to the amount of medical expenses the
insured incurs, although some policies provide higher benefit
amounts if the insured is in an intensive or cardiac care unit. Also
called hospital indemnity insurance.
hospital-surgical expense insurance
A
type of health insurance that provides benefits related directly to
hospitalization costs and associated medical expenses incurred by an
insured for treatment of a sickness or injury. Most
hospital-surgical expense policies cover (a) hospital charges for
room, board, and hospital services, (b) surgeon's and physician's
fees during a hospital stay, (c) specified outpatient expenses, and
(d) extended care services, such as convalescent or nursing home
costs.
hour of service
As defined by ERISA in the United
States, an hour for which an employee is entitled to be paid or is
paid. An hour of service can be earned while the employee is
performing services for the employer or during a period in which no
service is performed due to vacation, holidays, illness, or other
paid leaves of absence. See also year of service.
