Which is the total amount of covered medical expenses a policyholder must pay each year out-of-pocket before the insurance company is obligated to pay any benefits?

Name: Which is the total amount of covered medical expenses a policyholder must pay each year out-of-pocket before the insurance company is obligated to pay any benefits?
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Question

Quizplus · Accepted Answer

The deductible is the amount a policyholder must pay out-of-pocket for covered medical expenses before the insurance company starts to pay its share.

Which Is the Total Amount of Covered Medical Expenses a Policyholder