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Catastrophic Benefits
(redirected from Catastrophic Benefit)

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Catastrophic Benefits
A 2nd tier of health insurance or health care plan benefits that are ‘activated’ once the benefits have been exhausted from the 1st tier, after which coverage is provided under the catastrophic portion of the policy or plan, in which ‘deductible’ fees must be paid and co-payment requirements met


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It can have catastrophic benefits that will pay out for cancer, heart attacks and strokes; life insurance can help even when you don't die.
A year ago it was estimated that about two-thirds of dialysis patients would experience the gap and one-third would get catastrophic benefits.
 
 
 
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