Parker Williamson


Catastrophic plans have very high annual deductibles that are generally equal to the plan’s annual maximum out-of-pocket limit, consistent with annual limits established by the Centers for Medicare & Medicaid Services (CMS).
Catastrophic health insurance is a type of high-deductible health plan designed to protect individuals from large medical expenses caused by injury, serious illness, or emergency hospitalization. It primarily serves as financial protection against worst-case medical events, rather than covering routine healthcare needs. In the United States, catastrophic plans are offered […]

What Is Catastrophic Health Insurance?