What is a catastrophic plan?

A catastrophic plan is a type of health insurance plan that provides coverage for major medical expenses, such as hospital stays and surgeries. This type of plan is typically underwritten by the government and is designed to provide protection to individuals and families who are unable to purchase comprehensive health plans due to the high cost. In Washington, a catastrophic plan is a health insurance plan with a high deductible. This means that the person insured is responsible for paying out-of-pocket expenses up to a certain amount, usually several thousand dollars. Once the deductible is met, the plan pays for all covered expenses. Catastrophic health plans have a high copayment, meaning that the insured person is responsible for a percentage of the cost when receiving medical care. The insured person is responsible for the remaining portion of the medical expenses. These plans also have very limited coverage for routine medical procedures such as doctor visits and preventive care. Therefore, it is important to understand the details of a catastrophic plan before enrolling. Catastrophic plans are generally less expensive than other health insurance plans, making them ideal for individuals and families who cannot afford more complete coverage. It is important to keep in mind, however, that these plans typically provide much less coverage than other plans. Therefore, it is important to review the details of the catastrophic plan before enrolling in order to make sure that it meets your needs.

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