Which feature best describes a Major Medical Policy designed for prolonged or catastrophic injury or illness?

Which feature best describes a Major Medical Policy designed for prolonged or catastrophic injury or illness?

• A. A deductible before benefits, coinsurance, and high maximum lifetime limits
• B. A low deductible with no lifetime limit
• C. No coinsurance and low premium
• D. An annual benefit cap with no deductible

Answer: (A)

For major medical coverage aimed at serious, long-lasting health needs, you want a plan that shares the big costs over time and can pay out over years. A deductible before benefits means you contribute upfront, helping keep premiums reasonable and avoiding tiny, frequent claims. After meeting the deductible, coinsurance then splits costs with you paying a portion of the remaining bill, while the insurer covers the rest. Crucially, a high maximum lifetime limit ensures the plan can continue paying for expensive, extended treatment without running out of coverage. This combination best fits a policy designed for prolonged or catastrophic injury or illness because it balances patient responsibility with strong, long-term protection.

For major medical coverage aimed at serious, long-lasting health needs, you want a plan that shares the big costs over time and can pay out over years. A deductible before benefits means you contribute upfront, helping keep premiums reasonable and avoiding tiny, frequent claims. After meeting the deductible, coinsurance then splits costs with you paying a portion of the remaining bill, while the insurer covers the rest. Crucially, a high maximum lifetime limit ensures the plan can continue paying for expensive, extended treatment without running out of coverage. This combination best fits a policy designed for prolonged or catastrophic injury or illness because it balances patient responsibility with strong, long-term protection.