Hospitalization Indemnity Products, Cost Sharing Mechanisms for Health Insurance

Many products differ according to the various cost sharing mechanisms used by the like sub-limits on room and ICU charges, sub-limits on payments made for specific surgeries like cataract or hysterectomy, co-payment for using non-network hospitals or even for network hospitals etc. These techniques are also being provided in insurance policies as mechanisms to contain costs for the insurer and to provide for higher spending being shared by the insured.

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