Major Medical Insurance Law and Legal Definition
Major medical insurance is a type of health care coverage plan that provides benefits for a broad range of medical expenses that may be incurred either on an inpatient or outpatient basis. Major medical insurance plans often carry a high deductible, provide greater individual benefits, and provide greater policy maximum limits. The two types of major medical insurance are comprehensive major medical insurance, in which traditional basic coverage and other types of medical expenses are combined into a single comprehensive policy, and supplemental major medical insurance, in which the traditional basic policy pays first for the medical expenses.
Legal Definition list
- Major Market Extension [Transportation]
- Major Life Activity
- Major Investee Pool
- Major Illicit Drug Producing Country
- Major Haereditas Venit Unicuique Nostrum A Jure Et Legibus Quam A Parentibus
- Major Medical Insurance
- Major Money Laundering Country
- Major Natural Disaster
- Major Operative Procedure
- Major Party in Presidential Election
- Major Professor or Thesis Advisor
Related Legal Terms
- Absolute Majority
- Accelerated Life Insurance Benefits
- Acceptable Medical Source
- Accident Insurance
- Accidental Death and Dismemberment [Insurance]
- Accommodation Line [Insurance]
- Accountants Professional Liability Insurance
- Accounts Receivable Insurance
- Actual Cash Value Insurance
- Actual Delivery of Insurance Policy
