Catastrophic plan definition

Catastrophic plan means a health plan described in Section 1302(e) of the Affordable Care Act, Section 1367.008(c)(1) of the Health and Safety Code, and Section 10112.295(c)(1) of the Insurance Code.
Catastrophic plan means a health benefit plan that meets the requirements for a catastrophic plan under 42 U.S.C. 18022(e) and that is offered through the Oregon Health Insurance Exchange.
Catastrophic plan means a health benefit plan that meets the requirements for a cat-

Examples of Catastrophic plan in a sentence

  • In addition to the eligibility requirements listed above, individuals applying for a Catastrophic plan must also meet one of the following requirements.

  • A Basic Coverage Plan (Catastrophic plan) helps protect a person from financial disaster in the event of a serious and expensive medical emergency.

  • We used our current enrollment in the Catastrophic plan as a proxy for eligibility and adjusted the projected members that would qualify under the hardship rule to account for the increase premiums.

  • The average morbidity level for the Catastrophic plan is estimated to be approximately 25% lower than that of a similar Bronze plan.

  • Reason for Rate Change(s): The main drivers supporting the rate change are 1) increase in the base period experience of the combined pool, 2) trend, 3) elimination of the health insurer fee, 4) higher projected risk adjustment factor, and 5) higher projected cost for the Catastrophic plan.


More Definitions of Catastrophic plan

Catastrophic plan means a health plan described in ¦1302(e) of the Affordable Care
Catastrophic plan means a QHP described in §1302(e) of the Affordable Care Act.
Catastrophic plan means a health benefit plan that meets the requirements for a catastrophic plan under 42 U.S.C. 18022(e).
Catastrophic plan means a health benefit plan that meets the requirements for a catastrophic
Catastrophic plan means a health benefit plan that meets the re-
Catastrophic plan means the health care plan for catastrophic health care expenses described in Annex 1 to Exhibit F to this Settlement Agreement and in Section B of Exhibit F to this Settlement Agreement.
Catastrophic plan means a plan established under section 1302(e) of the Affordable Care Act.