What is a catastrophic health insurance plan?

A catastrophic health insurance plan is a type of health insurance plan meant to protect you from very high medical costs. It usually has a high deductible, meaning you will have to pay a certain amount of money out of your own pocket before your insurance starts to cover your medical costs. In California, catastrophic health insurance plan must cover at least 3 primary care visits per year before the deductible is met. After that, it covers essential health benefits, like hospital care, preventive services, and prescription drugs, with no out-of-pocket costs. Catastrophic plans may also include coverage for mental health services or substance abuse treatment. These plans generally aren’t as comprehensive as other plans, but they do offer some protection from very high medical costs. While catastrophic health insurance plans may not be a good choice for people with frequent medical needs, they can be a good option for young and healthy people who want some protection in case of an unexpected medical emergency.

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What is a catastrophic health insurance plan?

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