# Catastrophic Health Insurance Policy

**IRI:** https://folio.openlegalstandard.org/RiTUO750LAdgZQOGZoxdsE

## Labels

## Definition

Catastrophic health insurance is a type of health coverage geared towards young adults under 30 and some low-income individuals who are exempt from other insurance requirements. These policies usually have lower premiums but higher out-of-pocket costs and are designed to protect the insured from major medical expenses, such as those incurred from severe accidents or illnesses.

## Sub Class Of

- https://folio.openlegalstandard.org/RCjgFvO2VxpIklnhZMbSD9k

**Deprecated:** False