Over the years, major medical (catastrophic) insurance has become the darling of young professionals.
The reason major medical seems to be so popular is because it’s totally affordable and will offer outstanding protection for major medical problems when they arise. While it’s a good Florida health insurance plan, it still should be examined in-depth before anyone makes a decision to buy it.
All Florida health insurance plans have their pros and cons and those need to be taken into consideration when buying health insurance. Never leap before you look is a good rule of thumb when considering various types of Florida health insurance. In order to figure out the good and the bad of major medical, start by finding out what the advantages and disadvantages are with this plan.
Let’s take a look at a few of the advantages of major medical. For instance, we already mentioned it is very reasonably priced. The reason for that is because a younger person, in good health, may have Florida health insurance quotes on premiums as low as $40 a month.
Plan coverage is also very attractive for those “whoops” moments we all seem to run into in our lives. Major medical Florida health insurance would pay quite a large amount of the bill because it is deductible based – meaning the insurance company forks the dollars over to the medical provider and just takes its deductible.
Having mentioned the deductible, this may also be a disadvantage because the higher the deductible, the more affordable the insurance plans. This means that policyholders will be coughing up a large chunk of change to cover medical bills. Also, keep in mind that this kind of plan is “only” for major medical events, not something like a condition that needs regular medical visits.
So, take a look at the pros and cons and then make the decision about what you want and if you think it will be a good risk for you to take. Before making the plunge, talk to a qualified, licensed Florida health insurance broker who knows his stuff; that might help you make up your mind as well.
Evan Tunis is with FloridaHealthcareInsurance.com, the leading provider of Florida health insurance quotes. To learn more about Florida health insurance, Florida health insurance quotes, Florida life insurance, Florida life insurance quotes, Florida group health insurance visit Floridahealthcareinsurance.com.