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Who should consider a catastrophic health plan?

Dr. Michael Roizen, MD
Internal Medicine

Catastrophic health plans can save you from a financial disaster, but they should be seen as a last minute safety net if all else fails. Regular, standard health insurance coverage is better, but a catastrophic plan is definitely better than nothing. That’s why healthy young adults, seniors near retirement, people with no insurance, and people who cannot afford private insurance but don’t qualify for public assistance, often choose these plans.

Before making a decision, take advantage of your State Health Insurance Assistance Program (SHIP) where at no cost to you, a representative will discuss with you the pros and cons of each plan so you get the coverage you need and (more importantly) can afford).

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Important: This content reflects information from various individuals and organizations and may offer alternative or opposing points of view. It should not be used for medical advice, diagnosis or treatment. As always, you should consult with your healthcare provider about your specific health needs.