Question
________________ is some amount of money will paid
before insurance will pay 100% for an individual’s health-care expenses.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
As per the Companies Act, 2013 a Company means_____________
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