Indiana catastrophic health insurance plans are the least expensive type of medical coverage available to individuals and families. Rates are approximately 20%-50% less than comprehensive plans and most of the Indiana health insurance companies offer this type of plan.

UnitedHealthCare, Anthem Blue Cross, Humana, Medical Mutual and Celtic feature low cost catastrophic plans that are easy on your budget, but still provide outstanding major medical and preventive benefits. Deductible options range from $500 to $10,000 and various coinsurance choices are also available. Another advantage of this type of policy is that historically, premiums increase less rapidly for high-deductible plans compared to other policies with richer benefits.

Indianainsurancehealth.com is the state’s premier trusted authority for Indiana health insurance plans. We represent all of the major companies and provide the lowest filed published rates by each carrier. Very quickly, you can pick the best plans, compare benefits and prices, and apply for coverage. You can apply online or have an application faxed, emailed or mailed to you. There are never any fees and we’ll continue to provide support after your policy is approved.

Catastrophic health insurance policies in Indiana typically cover major items, such as inpatient and outpatient hospital expenses, emergency room charges, facility fees, additional fees charged by doctors, surgeons and nurses, anesthesia, and many other expenses associated with a hospital stay. Office visits and outpatient prescriptions are generally not covered, although recent health reform changes now require these types of policies to include preventive benefits. This includes many required expenses for children.

Indiana Catastrophic Health Insurance Rates

UnitedHealthCare’s “Saver 80” plan is one of the most popular and affordable catastrophic plans in Indiana. For example, a healthy family of three (ages 40, 40 and 8) in the Indianapolis area would pay approximately $190 per month for a plan with a $5,000 deductible and $225 per month if the deductible is lowered to $2,500. Individual rates are substantially lower. Savings can be thousands of dollars or more.

The most common type of catastrophic coverage is a “High Deductible Health Plan” (HDHP), which must be used to open an Indiana Health Savings Accounts. An HDHP has minimum deductibles of $1,200 for an individual and $2,400 for a family. Once the deductible is met, covered medical expenses are paid by the insurer. However, qualified preventive expenses are not subject to the deductible.

Since an HDHP costs substantially less than traditional health care, the difference in premium can be deposited into the Health Savings Account. Money in the Health Savings Account are handled by you and can be used to pay for qualified health, dental and vision expenses on a tax-favored basis. Many low cost Health Savings Accounts are offered by Indiana health insurers. When you use the quote feature on our website, you'll be able to compare specific HSA rates. I have an HSA (I have had it for many years) and have been very pleased with the results.

Although it’s hard (almost impossible) to accurately predict what medical expenses you are going to incur, traditionally, Indiana catastrophic health insurance plans work best when any children in the household are at least 12 years-old and all family members rarely visit the doctor or take any prescriptions. The savings can be thousands of dollars per year which is an attractive option to consider. We’ll help you make the right decision by reviewing which plans best fit within your budget, but still provide the coverage you are likely to use.

After you enter your zip code at the top of the page, within minutes, you'll be able to view how low these rates are. If you apply for a policy, and you are currently insured, please do not cancel your plan until you have been approved for new coverage.