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.
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.
A 40 coinsurance after deductible means that after you have paid your deductible amount, you will be responsible for paying 40 of the remaining covered expenses, while your insurance will cover the other 60.
That depends on the terms of your insurance.
Yes, typically you would need to meet the deductible of the primary catastrophic insurance before the secondary PPO benefits can be utilized. This is because the primary insurance is responsible for covering costs first, and only after its deductible is met can the secondary insurance begin to pay. However, it's essential to review the specific terms of both policies, as details can vary.
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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.
To waive the deductible for auto body repairs, you can consider using your insurance policy's deductible waiver option, if available. This option may be offered by some insurance companies and can help cover the cost of the deductible for certain types of repairs. It's important to review your policy and speak with your insurance provider to understand the specific terms and conditions for waiving the deductible.
Whether you have to pay a deductible for vandalism on your insurance policy depends on the terms of your specific policy. Some policies have a separate deductible for vandalism, while others may waive the deductible for this type of claim. Check your policy documents or contact your insurance provider to determine if a deductible applies in your situation.
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.
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Technically, there is no difference between medical insurance and health insurance.Even they are called mediclaim insurance policy,leading to the same ocean !
There is no difference. These are just two different terms referring to the same thing.