A type of umbrella health insurance policy that covers serious illnesses and lengthy hospitalizations is ______________.

Question

Quizplus · Accepted Answer

Major medical health insurance policies are designed to provide coverage for serious illnesses, injuries, and hospitalizations. They often have higher deductibles and out-of-pocket costs than other types of health insurance policies, but they also provide more comprehensive coverage in case of a major medical event. Medicare is a government-sponsored health insurance program for people over 65 or with disabilities. Health maintenance organizations (HMOs) and community-based health insurance policies may provide some coverage for major medical events, but they typically have more limited coverage options.

A Type of Umbrella Health Insurance Policy That Covers Serious