Which of the following statements about supplemental group major medical insurance is (are)true?
I.Most plans have a lifetime limit of $50,000 to $100,000.
II.Most plans contain an out-of-pocket maximum that places a dollar limit on the maximum amount an individual must pay out of his or her own pocket.

Question

Quizplus · Accepted Answer

Statement II is true, while statement I is generally false as most supplemental group major medical insurance plans do not have a lifetime limit but instead have an annual limit.

Which of the Following Statements About Supplemental Group Major Medical