What does a Major Medical Policy provide coverage for?

A Major Medical Policy primarily provides coverage for prolonged or catastrophic injuries or illnesses. This type of insurance is designed to protect individuals from high medical costs associated with serious and extended health issues. Coverage typically includes hospital stays, surgeries, lengthy treatments, and other significant medical expenses that could result from major health events.

This focus on comprehensive coverage is what sets Major Medical Policies apart from other types of health insurance plans that may only address short-term or minor medical issues. By having a Major Medical Policy, insured individuals can alleviate financial burdens that arise from serious health conditions, ensuring that they receive the necessary care without facing overwhelming out-of-pocket costs. The coverage often includes higher benefit limits and a wider range of medical services compared to other health plans, effectively addressing the financial risks of severe health events.

While preventive health check-ups, prescriptions, and routine care are important aspects of healthcare, they are typically covered under different types of policies or additional riders rather than being the primary focus of Major Medical Policies. These policies are specifically tailored to handle more significant and potentially life-altering medical situations.