I guess you are referring to a dictionary entry like this one. I think that is not a reading (only is ), so that covers the meaning "serious illness", but is used often for this meaning. (Compare , meaning "serious illness".) I can't find the key for , but I'd guess that the little triangle means "beware, not ".
Note also that also means "kind", e.g. as in , so the meanings of and do overlap (but don't overlap with or ) and the choice of is partly a matter of personal taste. The dictionary provides an official guideline.