Which of the following statements is (are)true regarding the calendar-year deductible used in most individual medical expense policies?
I.Once the deductible is satisfied,no additional deductible is payable during the calendar year.
II.A carryover provision helps to avoid paying two deductibles in a short period of time.

Question

Quizplus · Accepted Answer

Both statements are true. Once the calendar-year deductible is satisfied, no additional deductible is payable during the calendar year. A carryover provision helps to avoid paying two deductibles in a short period of time.

Which of the Following Statements Is (Are)true Regarding the Calendar-Year