What is comprehensive major medical?
The Bankrate.com financial term of the day is: "comprehensive major medical."
Comprehensive major medical is a health insurance policy that seeks to provide coverage for not only the basic stuff of health care but also big-ticket health care costs, and at an affordable price. The plans offer high maximum payout amounts, but patients are responsible for copayments, deductibles and a coinsurance percentage of their bills, up to a limit.
If you want health insurance that will protect you from high costs at a relatively low price, you want comprehensive major medical.
To get an insurance quote, visit the Insurance section at Bankrate.com.