1. The reimbursement ratio is different: when the deductible is deducted from the million-dollar medical insurance, the reimbursement ratio is 100%, and the deductible of general insurance is about 20,000 yuan, and it is not reimbursed by 100%, but partially reimbursed.
2. Different insurance thresholds: Pratt & Whitney Insurance belongs to Huimin Insurance, with relatively low insurance thresholds and relatively loose requirements, while the requirements for Million Medical Insurance are relatively strict. Health notification is required before insurance, and insurance can only be insured if the health notification of the insurance company is passed. What will happen if you apply for insurance without telling the truth about your health?
Article 16 of the Insurance Law stipulates that the insurer has the right to terminate the contract if the insured fails to fulfill the obligation of truthful disclosure stipulated in the preceding paragraph intentionally or due to gross negligence, which is enough to affect the insurer's decision to agree to underwrite or increase the insurance premium rate. In other words, if the health notification is not made truthfully, the insurance company may not pay the claim. Moreover, in reality, insurance companies refuse to pay compensation because they have not truthfully informed their health status, which is also the main reason for insurance companies to refuse to pay compensation.
3. Different premiums: Millions of medical insurance premiums are more expensive than universal insurance.
4. Different insured groups: the insured groups of millions of medical insurance are mainly healthy people and non-elderly people. In order to avoid risks, some million medical insurance requires the insured not to be over 55 or 60 years old, while the insured group of universal insurance is mainly people with social security in the local area.
5. Different coverage: millions of medical insurance: the expenses of hospitalization, special outpatient service and outpatient operation, but usually not limited to the medical insurance catalogue. The biggest advantage of millions of medical insurance is its wide range of claims. As long as it meets the requirements of hospitalization, special outpatient service and outpatient operation, it can be reimbursed whether it is used in the medical insurance catalogue or not. Universal insurance: drugs for specific diseases in hospitalization, special outpatient service and medical insurance catalogue. Basic medical insurance only claims drugs in the medical insurance catalogue, and basic medical insurance does not claim drugs in the non-medical insurance catalogue.
Although there are nearly 3000 kinds of drugs in the medical insurance catalogue, they account for less than 2% of the whole drugs. In other words, more than 98% of drugs are not in the medical insurance catalogue and cannot enjoy basic medical insurance claims.
Can they replace each other?
Millions of medical insurance claims a wider range and a higher amount, which can replace universal insurance. But universal insurance can't replace millions of medical insurance. Therefore, if you are in good health and have the conditions to insure millions of medical insurance, you must give priority to millions of medical insurance. If you can't insure millions of medical insurance for health reasons or age reasons, you can choose anti-cancer medical insurance. If the anti-cancer medical insurance cannot be guaranteed, it will be too late to consider universal insurance.
Suggestion: buy more insurance and more protection. If you still don't understand, please consult a professional.