Health Insurance Aggregate Deductible
An important distinction needs to be made concerning how deductibles are computed for Qualified High-Deductible Health Plans. The family deductible is an aggregate or combined deductible. Each person’s covered medical expenses go toward meeting the family deductible. Each insured person’s covered medical expenses go toward meeting this amount. Once the family deductible is met, most [...]
Health Insurance Terms | Deductible
On a regular basis I will work to define terms and concepts used in the field of Insurance that could be of help to people trying to provide risk protection. By risk protection for people, I am speaking of Health, Life, Disability and other coverage of insurance. I will start with the basic terms needed [...]
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