Few Senior Health Insurance Terminologies You Should Know
When researching various alternatives of senior citizen health insurance, you will come across certain terminologies that aren’t in much use in common parlance. Here are some of them.
This term refers to a fixed amount that buyer must pay for some specified services on health insurance for senior.
This is a fixed amount of money which buyer must pay for securing medical services before the coverage actually begins.
Maximum Plan Dollar Limit
A term that refers to the maximum level of financial protection that can be secured under contents of a health insurance policy for senior citizens.
Annual amount of money to be paid upfront or through favourable monthly payment schedule for securing coverage under senior healthcare cover.