catastrophic health insurance

catastrophic health insurance

health insurance that awards benefits to pay for the cost of severe or lengthy disability or illness. Benefits on some policies are not paid until a specified minimum amount paid by the insured is exceeded. Most policies have a limit in total benefits paid, and payment for certain kinds of services may be precluded or limited to a maximum indemnity.
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Affordable catastrophic health insurance plans are being offered at extremely competitive rates.
MY COLUMN TWO WEEKS ago prompted a reader to send me an e-mail asking pointed questions about my conclusion that this country needs mandatory government-run catastrophic health insurance, which I acknowledged would be as socialistic as Medicare and Social Security.
It includes a $15,000 standard deduction for health insurance for any family covered by at least a catastrophic health insurance policy, regardless of whether it was purchased individually or by an employer.
At the same time, we should require people to take personal responsibility for their health care coverage, to pay their own way and avoid shifting costs to their fellow citizens, and to buy at least a basic, catastrophic health insurance policy.
It combines catastrophic health insurance with a tax-favored savings plan.
Under a mandatory insurance scheme, all Americans would be required to purchase a basic high-deductible catastrophic health insurance policy from a private insurance company.
The need of designing catastrophic health insurance schemes is prevalent in countries where coverage for health care is significantly inadequate.
It was a single line, delivered between a sentence about the value of computerizing health records and another about extending tax credits to those who buy catastrophic health insurance.
The seminar will discuss such topics as the Tax Act of 2002, charitable remainder trusts, and catastrophic health insurance.
HealthMark Sales, LLC, Ceres' new career agent operation for individual catastrophic health insurance and supplemental health insurance sales, is now licensing agents and is expected to be producing sales within the next few weeks.
That's basically what I have - catastrophic health insurance with a medical savings account to cover expenses.

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