Whether you are in between complete health insurance plans or have decided to go without traditional coverage, it is critical to at least have some form of catastrophic health insurance. Even if you are in perfect health, it is important to remember that disaster often strikes when we least expect it, and the medical bills associated with a serious accident or illness can ruin your financial future for years to come. Thankfully, there are some great catastrophic health insurance providers out there that offer outstanding value.
Where to Find Catastrophic Health Insurance
Finding and purchasing a catastrophic health insurance plan is a pretty straightforward process. Generally speaking, most of the major insurance carriers offer some form of catastrophic coverage. However, many of the best plans are offered by boutique insurance carriers that specialize in offering affordable catastrophic health insurance. While it is important to do your homework on these smaller companies,
they typically offer much better value that the simple catastrophic insurance plans offered by the leading health insurance providers.
Catastrophic Health Insurance Options
As with all heath insurance plans, not all catastrophic health insurance plans were created equally. While standard plans do not offer any form of coverage until you have reached a very high deductible, there are now great options available to low income households that will allow occasional visits to a family doctor in addition to catastrophic coverage. While these forms of catastrophic health insurance have slightly higher premiums, they offer the peace of mind that you will be able to afford to see the doctor in the even of a non-catastrophic illness or injury. On the other hand, if you are confident that you will be able to afford your routine health care needs on your own, the lower priced standard catastrophic plan might be for you.