Compared to basic hospital and medical policies, which type of insurance provides broader coverage?

Major medical insurance is designed to provide a more comprehensive level of coverage compared to basic hospital and medical policies. Basic policies typically cover only a limited number of specific medical services and often have low benefit limits. In contrast, major medical insurance covers a broader range of healthcare expenses, including hospitalization, preventive care, outpatient services, and sometimes even long-term rehabilitation services.

Additionally, major medical plans usually feature higher benefit limits and a greater scope of coverage, which can include substantial expenses related to serious illnesses and injuries. The emphasis of major medical insurance is on providing financial protection for significant medical costs, whereas basic health insurance might leave individuals with substantial out-of-pocket expenses for serious medical needs. This comprehensive approach of major medical insurance ensures that policyholders have more robust protection when it comes to their healthcare needs.