What are catastrophic plans?
Posted By Administrator
Catastrophic plans provide additional benefits for catastrophic illnesses that are usually not covered by regular health insurance. Such plan has a very high deductible, reaching $10,000 and up, and the patient pays for the first $15,000 of the bill. The rest of the amount will then be covered by the plan. The amount may be large at first, but considering the cost of procedures and treatment for disastrous illness that may reach hundreds of dollars, the deductible and initial payment will be worth it.