Catastrophic health insurance

Looking for catastrophic health insurance? Want to know how to get the best rate with a reputable company? Here's how ...

Catastrophic Health Insurance

Catastrophic health insurance, also known as major health care insurance, is a type of health insurance that covers major medical and hospital expenses but won't pay for visits to your doctor, prescribed drugs, or maternity care. Most plans cover hospital stays, surgeries, intensive care, Xrays, and also other hospital fees.

Catastrophic health insurance is the cheapest of all medical insurance. Deductibles - the amount you spend on a claim before your insurance provider will pay - start at $500 and increase to $5,000 or more. Most plans possess a lifetime maximum benefit, known as a cap, of $1 million to $3 million. When you reach your cap it is possible to no longer receive benefits along with your policy is canceled.

In case you have a particular pre-existing condition such as AIDS, cardiovascular disease, diabetes, multiple sclerosis, or emphysema, you possibly will not be able to get a catastrophic health insurance plan.

Catastrophic health insurance might be a good health insurance plan for you in case you are relatively healthy, take few or no prescribed drugs, and want to save money on your health insurance. This plan may also be a good choice if you're retired and not yet eligible for Medicare benefits.

Questions to Consider

Before you purchase a catastrophic health care insurance plan you need to ask yourself:

1. The amount does the plan cost?

2. Precisely what does it cover and what is the lifetime obtain the most?

3. Can I afford to purchase doctor visits and prescriptions drugs?

4. Just how much is the deductible and can I afford it?

Getting Cheap Catastrophic Health Insurance

In order to get the best price on catastrophic health care insurance you need to compare rates. The simplest way to do that is to go online and visit an insurance coverage comparison website.

Once there you will end up asked to fill out a simple questionnaire using your health history and the type of insurance you need. After you fill out the questionnaire you will get health insurance quotes from a number of A-rated insurance providers.