Concept ComparisonsSeen in 8 questions
Deductible vs Elimination Period
A deductible is dollars: the initial medical expenses the insured self-pays. An elimination period is time: the initial weeks or months of disability the insured self-insures before benefits begin.
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Practice This Concept
- Accident & Health ConceptsIn a disability income policy, the elimination period is best described as:
- Medical ExpenseIn a medical expense policy, what is the elimination period?
- Medical ExpenseIn a medical expense or disability policy, an elimination period (waiting period) is be…
- Medical ExpenseIn a policy that pays benefits for sickness, how does the length of the elimination per…
- Disability IncomeWhich statement correctly distinguishes the probationary period from the elimination pe…
- Disability IncomeA disability income policy states that sicknesses beginning in the first 30 days after …