catastrophic plans

Catastrophic plans are a type of health insurance designed to protect you from very high costs in case of serious illness or injury. They typically have low monthly premiums but high deductibles, meaning you pay more out-of-pocket for most everyday medical expenses until you reach a certain threshold. Once you hit that threshold, the insurance covers most costs. These plans are often aimed at younger, healthier individuals who want to guard against major financial burdens while being prepared for unexpected health emergencies. They're a safety net for serious situations rather than routine healthcare.