If you already have health insurance, hospital insurance won't be necessary for you. But how can you decide whether or not to invest in this optional protection? Here are a few factors that can make you eligible for hospital insurance:
You have a potentially hospitalizing condition, such as heart disease or diabetes.
You may need to go to the hospital or have an overnight stay for an impending operation or surgery.
Since you are or will soon be expecting a child, you may be eligible for hospitalization benefits that cover your entire stay, including any time spent recovering from childbirth.
You have a health insurance policy with a high deductible, which means you will have larger out-of-pocket expenses.