Which policy offers benefits for in-hospital medical treatment and outpatient expenses?

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Study for the PSI Ohio Insurance Exam. Utilize flashcards and multiple choice questions, with hints and explanations for each question. Prepare confidently for your exam!

The choice that offers benefits for in-hospital medical treatment and outpatient expenses is Major medical insurance. This type of insurance is designed to provide extensive coverage for a wide range of medical services, including inpatient hospital stays, outpatient procedures, surgery, and preventive care, which makes it a comprehensive choice for addressing both the expenses incurred during hospitalization and those related to outpatient care.

In contrast, critical illness insurance focuses on providing a lump-sum benefit when a policyholder is diagnosed with a serious condition, rather than covering day-to-day medical expenses. Disability income insurance serves to replace a portion of income lost due to the inability to work caused by a disability, and does not cover medical treatment expenses directly. Hospitalization insurance primarily provides coverage for costs associated with a stay in the hospital but may not adequately address outpatient expenses or broader medical treatment costs. Therefore, Major medical insurance is the most comprehensive option that effectively addresses both in-hospital and outpatient medical expenses.

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