What is the life time maximum for catastrophic medical with the health insurance plans?
Between two and eight million dollars. Depending on the health insurance policy you choose. After paying the deductable and out of pocket limit the plan pays 100% till you reach your life time maximum. Example: 80\20% plans, you pay 20% till your OOP reaches its limit like 2,000$. So with a 2,000$ deductable and OOP limit of 2,000$ (your part of the 80\20%) you would have paid 4,000$ total, then the plan pays 100% till you reach the life time maximum. Each carrier and plan has its own deductable and OOP limit.
Related Questions
- Are Short Term Medical plans affected by the new Federal Health Insurance Portability and Accountability Act (HIPAA) of 1996?
- I work full time but dont have health insurance and find it difficult to pay my medical bills. Can you help me?
- What is the life time maximum for catastrophic medical with the health insurance plans?