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major medical insurance
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health insurance
- In health insurance
…insurance coverage; another type is major medical expense protection, which provides protection against large medical costs but avoids the financial and administrative burdens involved in insuring small costs.
Read More - In insurance: Types of policies
Major medical contracts are distinguished from other health insurance policies by offering coverage without many specific limitations; usually there is only a maximum per person, a deductible amount, and a percentage deductible, called coinsurance, under which the insured usually pays 20 percent of each medical…
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