Blanket Medical Expense
Categories: Insurance, Regulations
You know when you broke your arm, but your medical insurance only covered broken legs, fingers, toes, collarbones, and ribs? That wouldn’t have happened if you have blanket medical expense, a type of insurance policy that covers the expenses for everything, up to a certain amount.
The “blanket” means that the insurance covers all types of medical expenses. You don’t have to read the fine print to figure out what’s covered and what’s not. However, the payout is only up to a certain limit. If only all medical insurance was so simple.
