A catastrophic health care plan which does not pay for the first few thousand dollars of an individual medical costs each year and only pays when the employee has a major medical issues is knowns as a:

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A catastrophic health care plan that does not pay for the initial expenses and only covers major medical issues is commonly referred to as a high deductible health plan. Health savings accounts and health reimbursement accounts can be paired with high deductible health plans, but they are not the same thing. Traditional health care plans and self-funded plans are not typically associated with high deductibles or catastrophic coverage.

A Catastrophic Health Care Plan Which Does Not Pay for the First