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major medical

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noun
  1. insurance designed to compensate for particularly large medical expenses due to a severe or prolonged illness, usually by paying a high percentage of medical bills above a certain amount.

Origin of major medical

First recorded in 1950–55; ellipsis of major medical expense insurance plan
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
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