Catastrophic Health Insurance Coverage

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A catastrophic or major medical insurance plan is a deductible and comparatively cheaper form of health insurance with an element of speculation to it.  A deductible is the amount you pay out of your pocket for medical expenses before the insurer pays the balance. For instance, if your deductible...
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Long-Term Care Insurance

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Nursing home and long-term care insurance are available to cover custodial care in a nursing home. Some of these policies also cover care in the home, and others are available to pay for care in a skilled nursing facility (SNF) after your Medicare benefits run out (see page 3 for an explanation of...
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