major medical insurance

major medical insurance definition - finance
Medical insurance that pays for more than just basic hospital coverage. In addition to hospital room charges, it will pay for drugs used, bandages, X-rays, physician fees, and other charges that are incurred while in the hospital.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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