Catastrophic health insurance is a type of health plan that offers coverage in times of emergencies as well as coverage for preventive care. It is designed to protect individuals from worst-case scenarios, like getting seriously sick or injured, and typically has low monthly premiums and high deductibles. Catastrophic plans cover the same essential health benefits as other health plans under the Affordable Care Act, including preventive services, emergency services, prescription drugs, and more. However, you must pay for all healthcare costs until you meet a high annual deductible. Catastrophic plans also cover at least three primary care visits per year before the deductible is met. Catastrophic health coverage is available to people under 30, who are looking for minimal coverage and low monthly premiums, and to those of any age who are eligible due to financial hardship. To qualify for a catastrophic plan, you must be under 30 years old or qualify for a "hardship" or "affordability" exemption if youre over 30.