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Thursday, August 03, 2006

Major Medical Insurance


It is a type of health insurance plan that covers most of all medical expenses. It is one of the cheapest health insurance with many facilities. It is planned to provide protection for all extraordinary medical cost. The term deductible means the amount which pays the insurer for the medial expenses before the insurance company pays the balance. The deductible is high then the premium cost is low.

The people who are in the age of twenty and who are in the age of sixties are generally applying for major medical insurance. There are off two types of major medical insurance. They are individual plan and a group plan. The individual plan covers medical expenses such as dental coverage, prescription drug cards, and family and child-only benefits. A self employee, an unemployed, a part time worker are not qualified for major medical insurance policy.

Pre-existing medical conditions such as mental health and substance ill-treatment are normally barred from its coverage. The amount of insurance may be differing for different ages.

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