Sunday, 3 November 2013

How You Can Find The Lowest Priced Catastrophic Health Insurance
How You Can Find The Lowest Priced Catastrophic Health Insurance
Trying to find catastrophic health insurance? Want to know where to find the very best quote with a reputable company? Here's the simplest way to do it.

Catastrophic Health Insurance

Catastrophic health insurance, often called major medical insurance, is a form of health insurance protection that covers major medical along with hospital charges but will not take care of visits to your health care provider, prescription drugs, or maternity care. Almost all plans cover hospital stays, surgical treatments, intensive medical care, Xrays, as well as other hospital expenses.

Catastrophic health insurance is the most affordable of all health insurance. Deductibles - the amount you pay for a claim before your insurer will pay - start at $500 and go up to $5,000 or even more. The majority of plans contain 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 insurance policy will be canceled.

Catastrophic health insurance would be a sensible health insurance plan when you're fairly healthy, take only a few or no prescription drugs, and want to save money on your health insurance protection. This plan might also be a good option when you are retired and not yet qualified to receive Medicare health insurance .

Questions To Bear In Mind

Prior to buying a catastrophic health insurance plan you'll want to ask yourself:

- How much does the plan cost?

- Just what does it cover and what is the lifetime maximum benefit?

- Can I afford doctor visits in addition to prescription drugs myself?

- How much is the deductible and can I afford to pay it?

Getting Low Cost Catastrophic Health Insurance Protection

To obtain the very best price on catastrophic health insurance coverage you will need to compare rates. The best way to do this is to go online and pay a visit to an insurance comparison website.

Once there you're going to be asked to fill in a simple questionnaire with your health history in addition to the type of insurance you need. As soon as you fill in the questionnaire you'll receive health insurance quotes from a number of A-rated insurance carriers all vying for your business.

When you receive your quotes all you have to do is compare the quotes plus the coverages, then select the company that has the cheapest rate along with the best insurance protection for your particular needs.

It will take you an average of 5 to 10 minutes to accomplish this, and by virtue of the fact that you may save hundreds of dollars per year in insurance costs, I think you'll find this is certainly time well spent.

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