What Is a Catastrophic Health Plan?

Hide Video Transcript

Video Transcript

Barry Nolan
What would the term "Catastrophic policy" mean to you?

Nicole
It sounds scary.

Barry Nolan
and you saw a plan advertise as the best catastrophic plan money can buy, what would that mean to you?

David Morgan
I don't have to pay for anything?

Barry Nolan
You are such an optimist! You're a good man So, we're talking about health care insurance. What is a catastrophic plan

Kimberly Kapin
A catastrophic plan?

Barry Nolan
Health care insurance.

Kimberly Kapin
A plan that provides me the best possible health care.

Barry Nolan
If something were marketed as a catastrophic health insurance plan, what would that mean to you?

Micheal
if I randomly just walked out there and got hit by a car and it wasn't my fault at all, that would cover me in that situation.

Barry Nolan
If you were shopping for healthcare insurance and you saw a plan marketed as CATASTROPHIC insurance – what would that mean to you?

Christopher
I understood that it was very basic but would keep me alive in an emergency. ah...I didn't really expect very much from it.

Barry Nolan
If a mountain fell on you, you're covered.

Christopher
Right, exactly.