Major Medical vs. Mini Med plans
Many insurance sales people call on the people that choose us as their health insurance specialist. I hear some of them say, " this person said I could get coverage for only $58" My response is always, coverage for what? The problem here is not the $58 plan is what is the $58 plan. In most cases it is a hospitalization only policy. This means that if you are ADMITTED to a hospital THEN it pays a daily rate. Some of these policies include additional coverage for ICU stays, or Dr. visits, ambulance services, etc. These are not Major Medical coverage's. In my opinion, these policies have a place but only after you look at a Major Medical option. I would recommend you view these only if your budget can not afford a high deductible plan. Your preferences will help a good agent direct you to the appropriate insurance plan that fits your needs