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What is the definition of a deductible in terms of health insurance?
Wiki User
∙ 11y ago
There are deductions in the form of exclusions in health insurance.The exclusions are for lst year, 2nd year, showing the details of diseases in the policy bond itself. Even for Diabetes as "Pre-existing", few companies gives coverage only after 48 months. Deductions are there when the Insurance Company or T.P.A. considers few expenses viz. Aaya charges, cost of bandage, ambulance fare etc. shown in the claimed amount, to be not within the purview of health insurance coverage.
Wiki User
∙ 11y ago
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In terms of medical insurance what does HSA stand for?
In terms of medical insurance, the acronym HSA stands for a Health Savings Account. This is an account that is created for those who are covered by different high-deductible plans.
Do you pay the doctor in full payment until the deductible is met?
That depends on the terms of your insurance.
Is medical insurance and health insurance interchangeable terms?
no
Can State Farm raise deductible on homeowners insurance without your consent?
It depends on the terms of your insuring contract. Maybe yes maybe no, Just read the terms of your insurance policy or contact your insurance agent.
True or False is Medical insurance and health insurance are interchangeable terms?
false
Is there a deductible on a farm liability insurance claim?
You'll need to check your policy details. You could also contact your agent and inquire about deductibles on your policy. It really just depends on the level of coverage you purchased and what the deductible terms are that are outlined in your insurance policy.
Is True that medical insurance and health insurance are interchangeable terms?
Technically, there is no difference between medical insurance and health insurance.Even they are called mediclaim insurance policy,leading to the same ocean !
What is the difference between a health insurance plan and a health insurance policy?
There is no difference. These are just two different terms referring to the same thing.
What has the author Vergil N Slee written?
Vergil N. Slee has written: 'Health Care Reform Terms' 'Health care reform terms' -- subject(s): Dictionaries, Health Insurance, Health care reform, Health planning, Insurance, Health, Medical care, Medical economics
Which of these terms is the amount of money you must pay each year to cover your medical care expenses before your insurance policy starts paying?
Deductible- A+ The deductible is the terminology. Note that depending upon the terms of the policy, there may be both an individual deductible (that is, per person), and a family deductible. Once the deductible has been met, the insurer's responsibility for payment is triggered. However, that responsibility may be modified by a copayment. The copayment is that portion of a covered expense for which the insured remains responsible. In a sense, it is a form of self-insurance that you have selected at the inception of the policy. In general, the greater the copayment percentage, the lower the premium.
Which terms is the amount of money you most pay each year to cover your medical care expenses before your insurance policy stars paying?
Deductible
What terms is the amount of money you must pay each year to cover your medical care expenses before your insurance policy starts paying?
Deductible - A+
