Major medical insurance

Term · Insurance and risk management · MLC-T-INS-002101

A broad form of health insurance that provides extensive coverage for serious illnesses and injuries, including hospital stays, surgeries, doctor visits, prescription drugs, and other medical services. It typically features a deductible, coinsurance, and an out-of-pocket maximum to limit the insured's financial exposure. This type of policy is designed to protect against catastrophic medical expenses.

Table 1. Record
Identifier	MLC-T-INS-002101
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-002101",
  "term": "Major medical insurance",
  "field": "Insurance and risk management",
  "definition": "A broad form of health insurance that provides extensive coverage for serious illnesses and injuries, including hospital stays, surgeries, doctor visits, prescription drugs, and other medical services. It typically features a deductible, coinsurance, and an out-of-pocket maximum to limit the insured's financial exposure. This type of policy is designed to protect against catastrophic medical expenses.",
  "url": "https://mlchart.com/terminology/insurance/major-medical-insurance/"
}

Record 2,065 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.