Maryland Life and Health Insurance License Practice Exam

The focus of major medical insurance is providing coverage for?

1. Medical and hospitalization expenses

2. Preventive care services

3. Outpatient surgery costs

4. Long-term rehabilitation expenses

The correct answer is: Medical and hospitalization expenses

Major medical insurance is designed primarily to cover extensive medical and hospitalization expenses. This type of insurance typically provides a wide range of benefits that help alleviate the financial burden of serious health issues, major surgeries, and hospitalizations. The core purpose of major medical insurance is to protect individuals from high costs associated with significant health events, which often include long hospital stays, costly treatments, and significant medical procedures that can easily lead to overwhelming bills. Coverage can also extend to certain professional services, such as surgical procedures, tests, and other necessary treatments that are commonly required in serious medical situations. While preventive care services, outpatient surgery costs, and long-term rehabilitation expenses may be covered to varying extents depending on the specific policy, they are not the primary focus of major medical insurance. Instead, this insurance type aims to provide broader financial protection for more severe and potentially life-threatening health conditions.