Which of the following is a characteristic of catastrophic health insurance?

Catastrophic health insurance is designed primarily to provide coverage for significant medical events or emergencies. This type of insurance typically has low monthly premiums, making it an economical choice for those who are primarily concerned about high-cost, unforeseen medical situations rather than routine or minor healthcare expenses.

By focusing on coverage for major health events, catastrophic plans ensure that individuals are financially protected against severe medical issues such as serious accidents, critical illnesses, or hospitalizations that can lead to substantial out-of-pocket expenses. This characteristic is what distinguishes catastrophic health insurance from other plans that might offer broader, everyday medical coverage or unlimited services.

This choice encapsulates the essence of what catastrophic insurance provides: a safety net for significant healthcare costs rather than routine healthcare.