form of supplemental medical insurance indemnifying all medical costs not covered under health and hospitalization insurance. Normally, there is a deductible the insured must pay before the major medical insurance plan becomes effective.
coverage exceeding that of a basic hospital medical insurance plan and typically paying medical expenses relating to room and board, physician fees, X-rays, fluoroscopy, and miscellaneous expenses, such as bandages, operating room expenses, and drugs.
coverage in excess of that provided by a basic hospital medical insurance plan. After the limits of coverage have been exhausted under a basic plan, major medical then covers medical expenses relating to room and board; physician fees; miscellaneous expenses such as bandages, operating room expenses, drugs, X-ray, and fluoroscopy. There may be a lifetime limit. For example, if the lifetime limit is $500,000 and an insured uses $100,000 of coverage in a given year, the lifetime limit would be reduced to $400,000.
