A catastrophic health plans -- also called catastrophic health insurance, major medical plan or catastrophic health coverage -- is a form of insurance coverage that keeps deductibles very high, meaning premiums may be lower and therefore, more affordable.
Because the deductibles are so high, (examples: $1,000 for an individual or $2,000 for a family), the insurance company may never pay for care on behalf of that patient. That means less risk on the part of the insurance company, but a fail safe for the patient who can't anticipate how sick or injured he may be from year to year.
Catastrophic health insurance is often paired with a Health Savings Account.

