major medical


Also found in: Medical, Wikipedia.
Related to major medical: catastrophic health insurance

major medical

n.
Insurance that covers all or most of the medical bills engendered by major or prolonged illnesses above a set amount.
References in periodicals archive ?
Most agents are well versed in the merits of major medical plans, but many have questions about the wide range of supplemental plans that are now available.
Fundamental Care to Bridge the Gap Between Limited-Benefit and Traditional Major Medical Plans
95) offers the latest recommendations from Hopkins specialists covering over a hundred major medical concerns of people fifty and over.
We are seeing employers tighten up eligibility for being in a major medical plan.
If an employee has only certain high-deductible major medical insurance coverage (which can be an alternative to regular major medical insurance under a non-125 flexible benefit plan), the employee can have an MSA if the employer is a "small employer.
Several major medical facilities are nearby, including Beth Israel Medical Center, The Eye and Ear Infirmary Hospital, Hospital for Joint Diseases and NYU Medical Center.
Most major medical centers and managed care hospitals have in-house management systems developed by research which started 20 years ago among chain drug stores.
For several years, I've advised readers to get non-employment-based group insurance for major medical, catastrophic, and excess medical expense needs, in addition to any employer-based plans they might have.
At the same time, however, some health plans improved benefit features, such as increasing the maximum lifetime payments under major medical plans.
7 million people were covered by non-group or individual major medical health insurance products as of June 30, 2009, up from 9.
GAFRI) and AmericanEnterprise to purchase through reinsurance the major medical block of business previously owned by Ceres Group, Inc.