Which of the following is NOT typically covered by standard health insurance plans?
Reading time...
Explanation
Elective cosmetic procedures, such as rhinoplasty or liposuction, are generally not covered by standard health insurance because they are not medically necessary. Coverage applies to medically necessary treatments. Preventive care, ER visits, and approved prescriptions are typically covered.
A high-deductible health plan paired with a Health Savings Account can offer tax advantages while providing insurance coverage for major medical expenses.