Major health care insurance, or the catastrophic plan, as some insurance agents refer to it, helps you save from your catastrophe of paying high medical bills if you happen to need medical help, whether or not this incurs inside or outside from the hospital. This health insurance plan is a great choice for consumers that do not desire to buy some part in the coverage that they believe they just do not need. Low monthly installments or payments and high deductibles are what this health care insurance plan is exactly about. It comes with certain limitations or restrictions, but such policies usually cover coverage for healthcare in cases of extreme illness which need so much money, such as hospitalization.
Most major medical insurance offers coverage on certain expenses such as surgeries, intensive care, diagnostic tests, diagnostics, x-rays, and hospital stays, but can come with certain limits on room and board. Most of them also offer coverage for the professional fees of doctors, private nurses along with the purchase or hospital rental of medical appliances. However, solutions the coverage being offered does not come with coverage of prescribed drugs and medicines as well as routine doctor visits. That’s why most agent sell this type of plan in combination with an extensive health plan containing coverage for preventive care.
The best candidates for such insurance plan are the young adults who are in their 20’s in addition to adults which are between the age group of 50-65. Why them? Because most young adults as well age usually don’t possess a medical insurance offered by their employers or even because they’re self-employed or remain studying , nor still have a job. On the other hand, older adults that belong on the 50-65 age ranges are either up for retirement ad would lost their insurance coverage from other employers. Some older adults who select major medical care insurance also think about the possible financial loss once they get into critical illnesses which are not included in their current insurance plan.
Coverage for many treatments like hormone therapy, dental, vision, infertility treatment, or cosmetic plastic surgery is normally not covered under such insurance coverage. It is also vital that you take note the presence of certain pre-existing conditions such as AIDS, emphysema, diabetes, multiple sclerosis, schizophrenia, and heart problems are just some with the samples of health conditions that might disqualify a person from getting major medical insurance.