Major Medical Plans – Covering the Disasters Without Employer Health Care Coverage

Major medical plans are an alternative to what most people consider normal health care insurance. Major medical covers the costs associated with major medical events such as an extended illness, hospitalization, or surgery. It does not cover the cost of going to the doctor or getting a routine prescription. Most people are under the mistaken impression that the only health care insurance worth having is that which they get through an employer. But, that is actually far from the truth. People have been getting health care coverage without insurance since medical professionals went into business millennia ago.Major medical plans are an affordable alternative for many people. For younger people in good health, the extra cost of comprehensive employer health coverage is a financial burden from which they get few benefits. They might go to the doctor once a year for a physical. They might hit the doctor a second time if they get the flu or some other seasonal illness. But, the monthly costs out of their paychecks seem excessive. They are smart enough to realize they need some coverage though. That is where one of these major medical policies fit in.Major medical plans often go hand in hand with discount plans and health care savings accounts. Discount plans offer people costs savings when they go to pay for doctor’s visits or prescription drugs. The health care savings accounts provide coverage for the deductibles and other costs associated with paying for health care yourself. Having all three pieces in place provides the coverage people need without the high costs associated with an employer based health care plan. And it is scalable to what the person is comfortable paying each month. Once you get your health care savings plan up to the right level that you no longer have that expense until you use the contents of that account.Major medical plans are a good choice for people between jobs. Maintaining medical coverage makes sense. But the cost of COBRA is often too high for people to afford. A major medical policy will help cover the costs of any catastrophic event just in case until you can get an employer plan in place at your next job. If you have a chronic medical condition, you need to verify that you will not interfere with the ability to get coverage at your next employer. Take the time to get the information you need and you will reap the benefits.