Which of the following statements concerning individual medical expense insurance is (are)correct?
I.Once a calendar year deductible is satisfied,no additional deductible is payable during the calendar year.
II.Family deductibles are substantially higher than individual deductibles.

Question

Quizplus · Accepted Answer

Both statements are correct. A calendar year deductible means that once it's met within the year, no additional deductibles are required for that period. Family deductibles are indeed higher than individual deductibles to account for the coverage of multiple family members under one plan.

Which of the Following Statements Concerning Individual Medical Expense Insurance