Which of the following is considered a Limited accident and health plan?

Study for the New York Life, Accident, and Health Test. Use flashcards and multiple choice questions, each accompanied by hints and explanations. Get prepared for your exam success!

A cancer plan is classified as a limited accident and health plan because it specifically provides coverage for expenses related to the diagnosis and treatment of cancer. Unlike comprehensive plans such as major medical plans, which cover a broad range of health services and conditions, a cancer plan is tailored to address only cancer-related costs, including hospitalization, outpatient treatment, and sometimes even experimental treatments.

This specialization means it does not offer the extensive coverage that a general health plan would provide; hence, it's labeled as "limited." Limited plans are designed to fill specific needs rather than provide overarching health insurance coverage, making them suitable for individuals who may want extra coverage for particular illnesses or conditions without the higher premiums associated with comprehensive plans.

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