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chouri chouri
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6 years ago
The effect of an annual out-of-pocket limit in an individual medical expense policy is to
A) limit the lifetime benefits payable under the policy.
B) put a cap on annual benefits the insurer will pay.
C) prevent the insured from receiving duplicate benefits if medical expenses are also covered under workers compensation insurance.
D) cover 100 percent of eligible medical expenses after an insured has incurred a specified amount of out-of-pocket expenses.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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Toni_AnnetteToni_Annette
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6 years ago
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chouri Author
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5 years ago
Thanks for the help!
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