How to Get Cheap High Deductible Major Medical Insurance

A high deductible major medical insurance plan is a relatively new kind of plan that can save you money every month on your health insurance premium. If you're in the market for health care coverage, you should investigate whether a high deductible major medical plan is right for you.





What is high deductible major medical insurance?





High deductible major medical plans offer low-cost coverage for serious injuries or illnesses. With these plans you select the level of deductible you want, usually ranging from $500 to $10,000. You pay all your medical expenses until you reach the deductible. After that, your insurer pays your medical expenses, often up to 100%.





These plans are often coupled with a medical savings account, in which you regularly deposit funds to help cover your medical expenses until you meet your deductible.