major medical

Insurance that covers all or most of the medical bills engendered by major or prolonged illnesses above a set amount.

major medical

A health insurance policy or “rider” (extension to an insurance policy) that finances medical expenses incurred in injuries, catastrophic events or prolonged illness, providing benefit payments above the base amount paid by the insurance company—up to a specified upper limit for most types of medical expenses incurred—and subject to a large deductible.

Such contracts may contain limits on specific types of charges, such as room and board, and a percentage participation clause (sometimes called a coinsurance clause); these policies usually pay covered expenses whether an individual is in or out of hospital.

major medical

Major medical expense(s) insurance Managed care
A health insurance policy or 'rider'–extension to an insurance policy–that finances medical expenses incurred in injuries, catastrophic or prolonged illness, providing benefit payments above the base paid by the insurance company

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References in periodicals archive

Groups who typically choose scheduled benefit accident view catastrophic injury protection as a high priority and are likely to pair their accident product with additional supplemental health coverages, while groups who tend to opt for per occurrence accident coverage are looking for added financial protection for accidents that tend to be more common and who have a high-deductible major medical plan in place.

Symetra Life Insurance Company expands its group accident coverage

Finally, the Minister of Health expressed his gratitude to the conference-organizing committee on their efforts to ensure the success of the conference activities, stressing his trust the capacity of Bahrain's medical cadres to contain such constructive programmes aimed to preserve the health of the Bahraini community, wishing them success throughout this major medical event.

Bahrain hosts medical conferences

-Flexible Participation Guidelines for the Bronze Major Medical Plan

Robert D. Edelheit, OptiMed, and United Group Programs, Inc. Announces: OptiMed Essential Bronze Plus Program

The citizen of a member state has the right to request prior authorisation from his social health insurers for the reimbursement of treatment planned, outside a hospital setting, in another EU country, requiring the use of major medical equipment.

CROSS-BORDER HEALTH CARE : COURT SAYS PRIOR AUTHORISATION MAY BE JUSTIFIED IN CERTAIN CASES

Moreover, the company continues to post sizeable losses in its individual major medical business, which represents the vast majority of its premium revenue.

AM Best cuts United Security Life and Health Insurance FSR to D