šŸ“¢ Too many exams? Donā€™t know which one suits you best? Book Your Free Expert šŸ‘‰ call Now!

    Question

    ________________ is some amount of money will paid

    before insurance will pay 100% for an individualā€™s health-care expenses.
    A Out-of-Pocket Limit Correct Answer Incorrect Answer
    B Surplus Correct Answer Incorrect Answer
    C Point-of-Service Plan Correct Answer Incorrect Answer
    D Personal Injury Protection Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Out-of-pocket maximum/limit. The most you have to pay for covered services in a plan year. After you spend this amount on deductibles, copayments, and coinsurance, your health plan pays 100% of the costs of covered benefits. The out-of-pocket limit doesn't include your monthly premiums

    Practice Next
    More Insurance Awareness Questions
    ask-question
    9