High Deductible Health Plan means a Health Plan as defined by 26 USC § 223(c)(2)(A) that also is a Qualified Health Plan. Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance confo...
care plan must provide that if, as a result of a qualifying event, any employee (or in some cases the spouse or dependent children of an employee) would lose health insurance coverage under the plan, the employee must be entitled to elect to continue his or her coverage under the plan. ...
A pet insurance deductible is the amount you pay out of pocket before insurance begins to cover eligible vet expenses. Deductibles can be annual or per condition, meaning you pay that amount either once a year or every time your pet has a new health issue. Typically, lower deductibles mean ...
Deductible(免赔额 ): A deductible is a provision by which a specified amount is subtracted from the total loss payment that otherwise would be payable. Elimination (waiting) period( 剔除 /等待期 ): An elimination period is a stated period of time at the beginning of a loss during which ...
This is the maximum amount the insurer will pay for covered expenses per year after your deductible is met. Embrace is among companies that offer the option of unlimited annual coverage (Embrace offers this with its accident and illness plan). Choosing a higher coverage limit with any insurer ...
Coinsurance:The percentage of costs you share with your insurance company after you’ve met your deductible. For instance, if your plan has a 20% coinsurance, you would pay 20% of the cost of covered services while your insurance pays the remaining 80%. ...
a顶峰 Crest [translate] aIs your health insurance plan a "high deductible plan" ($750 or higher)? 你的医疗保险计划是一个“高可扣除的计划” (750 美元或更高 )? [translate] 英语翻译 日语翻译 韩语翻译 德语翻译 法语翻译 俄语翻译 阿拉伯语翻译 西班牙语翻译 葡萄牙语翻译 意大利语翻译 荷兰语翻译...
Let’s say your insurance plan dictates a yearly deductible of $500. This means that you have to consume this amount before your insurance provider starts covering the costs. Let’s say your first medical bill for the year is $200. Since it’s less than your deductible, you are responsibl...
Health insurance plan types include PPO, HMO, POS, and EPO. They come with different add-ons, like HSAs and FSAs. Learn how to sort out the jargon such as deductible, co-pay, coinsurance, out-of-pocket max, etc.
For health insurance plans that have prescription deductibles, insured parties must pay a certain amount out-of-pocket before the plan begins to pay their share. Some plans have combined deductibles, meaning medical and prescription costs count toward the same deductible. Many health plans provide so...