Catastrophic Health Insurance
This health care plan is also referred to as Major Medical Plan. This plan is normally offered to healthy people. You can not buy a catastrophic health insurance plan if you have major diseases such as
- Multiple sclerosis
- Emphysema
- Heart disease
- Diabetes
- Schizophrenia
- AIDS
Catastrophic health insurance has very low monthly premiums and high deductibles. This type of health insurance plan covers only major medical and hospital expenses. These expenses include hospitalization charges, intensive care, laboratory tests, surgery and diagnostic tests such as X-ray. You have to for other expenses from your pocket. You have the choice to select a catastrophic health plan providing different coverage by choosing from various deductible plans. Usually, deductible under this plan are in the range of $500 and more. This type of health insurance is considered suitable for those who are not eligible for Medicaid and seeking for an affordable health insurance plan.
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