The participation provision is generally associated with major medical insurance.

Name: The participation provision is generally associated with major medical insurance.
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Question

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The participation provision in insurance policies, including major medical insurance, refers to the percentage of covered expenses that an insurance company pays after the deductible is met. This is a common feature in major medical plans, where the insurer and the insured share the cost of covered expenses.

The Participation Provision Is Generally Associated with Major Medical Insurance