Catastrophic Coverage definition
Catastrophic Coverage or "CAT Coverage" or "CAT" means the minimum available level of Multiple-Peril Crop Insurance, providing coverage for fifty percent (50%) of a farmer's historical yield for eligible crops at sixty percent (60%) ▇▇ ▇▇▇ ▇rice per commodity unit for such crop set by the FCIC. CAT Coverage currently is offered through private insurers and, in certain states prior to Crop Year 1998, was offered by USDA field offices.
Catastrophic Coverage means coverage under section
Catastrophic Coverage means a level of coverage offered to individuals that provides essential health benefits only after the covered individual has incurred cost-sharing expenses in an amount equal to the dollar amount of the annual limitation in effect under Section 223(c)(2)(A)(ii) of the federal Internal Revenue Code of 1986;
More Definitions of Catastrophic Coverage
Catastrophic Coverage means the coverage purchased to protect the State when eligible medical costs incurred by recipients exceed a specified dollar threshold which is determined by contractual agreement between the department and the medical plan.”]