Major medical insurance is a comprehensive policy designed to help pay for covered healthcare expenses ranging from preventive services to emergency care. When people talk about health insurance, they typically mean major medical insurance.
PeopleImages / Getty Images. Major medical health insurance is a type of health insurance that covers the expenses associated with serious illness or hospitalization. Major medical health insurance is the terminology that was historically used to describe comprehensive health plans that covered most necessary care.
Major medical insurance is designed to cover you during everything from routine out-of-pocket spending limit that caps your expenses, even if you need very
You will find that most major medical insurance companies offer plans that cover catastrophic circumstances, like hospital stays and large medical expenses.
noun. insurance designed to compensate for particularly large medical expenses due to a severe or prolonged illness, usually by paying a high percentage of medical bills above a certain amount.
Major medical insurance is a long-term, comprehensive health insurance plan Americans cover the costs of these doctor visits and other medical expenses.
Definition of major medical insurance: A kind of health insurance policy that carries a high deductible and covers most medical expenses. This type of policy
major medical. A health insurance policy or “rider” (extension to an insurance policy) that finances medical expenses incurred in injuries, catastrophic events or
Find out what major medical health insurance plans comprise of, and how it changes under the Affordable Care Act, Obamacare, from this
Major medical insurance is a form of health care coverage that provides benefits for most types of medical expenses that may be incurred. Offering more