Which of the following is a primary function of Major Medical insurance?

Major Medical insurance is designed to provide comprehensive coverage for serious medical conditions. This type of insurance typically includes a wide range of health services, such as hospital stays, surgeries, and extensive diagnostic tests, making it essential for addressing significant healthcare needs. The primary function of Major Medical insurance is to protect insured individuals from the financial burden that arises from high medical expenses associated with serious illnesses or injuries.

Coverage under Major Medical insurance usually extends beyond just basic medical services to include critical care, inpatient and outpatient services, and specialized treatments that are necessary for managing chronic or severe health issues. This broad scope ensures that individuals have access to the necessary medical care without facing overwhelming financial challenges.

In contrast, other options typically focus on narrower aspects of healthcare. For example, long-term care is specifically aimed at assistance for daily living activities rather than covering a wide range of serious medical conditions. Preventative care services are important but are not the primary focus of Major Medical insurance, which is geared more toward treatment after serious health issues arise. Limiting coverage to outpatient treatments would not align with the comprehensive nature that characterizes Major Medical policies, as these policies often cover a balance of both inpatient and outpatient services.