If you are searching for catastrophic health insurance coverage, you want to obtain the best quote you possibly can with a top-rated insurer. The following explains the way to do that.
What's catastrophic health insurance?
Catastrophic health insurance, also referred to as major medical insurance, is a form of health insurance protection that pays for major medical and hospital bills but does not cover the cost of visits to your physician, prescription medications, or maternity care. This type of health insurance covers your hospital stays, any kind of surgical procedure you will have, intensive medical care charges, X-rays, necessary medical tests, and other hospital related expenses.
Catastrophic health insurance coverage is actually the cheapest of all health insurance. Insurance deductibles - the amount you pay for an insurance claim before the insurer must pay - begin at $500 and go up to $5,000 or more. Most plans have got a lifetime maximum benefit, known as the cap, of $1 million to $3 million. As soon as you reach your cap you will no longer receive benefits and your coverage will be canceled.
If you have a particular pre-existing condition for instance AIDS, cardiovascular disease, diabetic issues, MS, or emphysema, you might not be able to obtain a catastrophic health insurance protection policy.
Catastrophic health insurance can be a great health insurance plan for you when you're fairly healthy, take only a few or no prescription drugs, and would like to spend less on your health insurance. It is also a good choice if you have retired from your job, haven't any insurance coverage, and are not yet qualified to receive Medicare.
Some Things To Consider
Make sure you ask yourself these basic questions before buying catastrophic health insurance coverage . . .
- What's the total cost of the insurance policy?
- What does it pay for and what is the actual lifetime maximum benefit?
- Can I afford to pay visits to the doctor plus prescribed drugs myself?
- Just how much is the insurance deductible and can I afford to pay it?
Getting Low Priced Catastrophic Health Insurance Coverage
You will need to compare quotes from a number of different companies to be able to get the best rate quote, and the quickest and most convenient way to do that is to go to an insurance comparison site.
On these websites you will be asked to type in your present health information plus the type of insurance you want on a simplified questionnaire. After you submit the questionnaire, you'll receive price quotes from numerous top-rated insurance companies.
Once you receive your quotes, all you have to do is compare the insurance coverages and quotes from the different providers and select the lowest priced quote with the company that has got the coverage you will need.
The whole procedure can be accomplished in under 10 minutes and you could possibly save hundreds of dollars per year in insurance premiums. Time wisely spent to say the least.
What's catastrophic health insurance?
Catastrophic health insurance, also referred to as major medical insurance, is a form of health insurance protection that pays for major medical and hospital bills but does not cover the cost of visits to your physician, prescription medications, or maternity care. This type of health insurance covers your hospital stays, any kind of surgical procedure you will have, intensive medical care charges, X-rays, necessary medical tests, and other hospital related expenses.
Catastrophic health insurance coverage is actually the cheapest of all health insurance. Insurance deductibles - the amount you pay for an insurance claim before the insurer must pay - begin at $500 and go up to $5,000 or more. Most plans have got a lifetime maximum benefit, known as the cap, of $1 million to $3 million. As soon as you reach your cap you will no longer receive benefits and your coverage will be canceled.
If you have a particular pre-existing condition for instance AIDS, cardiovascular disease, diabetic issues, MS, or emphysema, you might not be able to obtain a catastrophic health insurance protection policy.
Catastrophic health insurance can be a great health insurance plan for you when you're fairly healthy, take only a few or no prescription drugs, and would like to spend less on your health insurance. It is also a good choice if you have retired from your job, haven't any insurance coverage, and are not yet qualified to receive Medicare.
Some Things To Consider
Make sure you ask yourself these basic questions before buying catastrophic health insurance coverage . . .
- What's the total cost of the insurance policy?
- What does it pay for and what is the actual lifetime maximum benefit?
- Can I afford to pay visits to the doctor plus prescribed drugs myself?
- Just how much is the insurance deductible and can I afford to pay it?
Getting Low Priced Catastrophic Health Insurance Coverage
You will need to compare quotes from a number of different companies to be able to get the best rate quote, and the quickest and most convenient way to do that is to go to an insurance comparison site.
On these websites you will be asked to type in your present health information plus the type of insurance you want on a simplified questionnaire. After you submit the questionnaire, you'll receive price quotes from numerous top-rated insurance companies.
Once you receive your quotes, all you have to do is compare the insurance coverages and quotes from the different providers and select the lowest priced quote with the company that has got the coverage you will need.
The whole procedure can be accomplished in under 10 minutes and you could possibly save hundreds of dollars per year in insurance premiums. Time wisely spent to say the least.
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