A:
1 Answer
rank
1
|
An insured's "out-of-pocket" costs under major medical expense plans include the deductible, cost-sharing amounts arising from the operation of the coinsurance clause, and medical expenditures that are deemed by the plan to be in excess of "reasonable and customary" charges. Only charges that are "reasonable and customary" for a specific type of service, in a particular location or geographic area, are eligible for reimbursement under medical expense plans. The definition of "reasonable and customary" may vary somewhat from one medical expense plan to another.
more
|
heartlandins.com
8 more sources
-
biz.yahoo.com
-
rmictr.gsu.edu
-
1pfg.com
-
cbqco.com
-
castelloagency.com
-
mninsurancepro.com
-
shafferinsurance.com/faqs.htmThis link is broken. Help us!
-
www7.insweb.com/learningcenter/qa/health-a.htmThis link is broken. Help us!
Related Videos
Add your answer...
Top Related Experts
1.
2.
3.
4.
5.
Top Answerers
1.
2.
3.
Top Askers
1.
2.
3.
Top Supporters
1.
2.
3.
Even though major medical plans provide broad coverage, insureds still incur certain "out-of-pocket" costs. What are these costs?
Related Questions
- Additional Insureds are usually building owners, such as apartment complexes, you work at. They can also be ...
- Information about the right to external review must be included in the insurer's notice of a noncertification ...
- If insureds elect to call their own service and do NOT go through the Roadside Rescuer operator, they revert ...
- If policyholders do not have towing coverage they will be provided the service, but at their own expense. ...
- There is no cost to add additional named insured land owners to your policy if you are required by them to do ...