A Major Medical (MM) Health Insurance plan is designed for people who do not have medical coverage. It basically provides coverage against major illnesses for family members. It usually pays for all the medical epenses incurred from the diagnosis of the disease to its treatment. There is however, a limit and a maimum amount that will be covered by the plan. Major Medical Health Insurance is specifically recommended to individuals who are suffering from a serious illness or disease. But if insured under the plan, you will have to pay a high premium. Before deciding to buy Major Medical Health Insurance, you must first consider a number of important factors. These essential elements include the deductible, deductibles, co-payment, and co-insurance amounts. If you are insured, you must choose between a co-insurance and a co-payment in addition to the deductibles to get Major Medical Health Insurance. You can get the MM Health Insurance plans either through a group, a Preferred Provider Organization (PPO) or a Health Maintenance Organization (HMO). Under an HMO plan, a physician will eamine you and will decide a future course of action for you. Epenses will be covered only when the consulted doctor is part of the HMO. Under a PPO plan on the other hand, you can consult a non-PPO physician but you will receive reimbursements that are lesser than when a PPO physician was consulted. Before choosing to buy a Major Medical Health Insurance plan, you must first compare available policies and their premiums using widely available insurance websites of top-rated insurance companies. --  June 26, 2009 @ 4:12 pm