Catastrophic wellness coverage is another type of health policy, which covers you for catastrophic illnesses such as inpatient stay. You pay for medical care up to a particular dollar kind. After this type is satisfied, your insurance pays up a certain percentage based on your contract. Advantage of this program over other policy plans, you are able to see any medical provider for service. Other types of insurance are Medicare and Medicaid, run by the Federal Government available for retiree as well as the poor.