FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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9. Define out of pocket maximum.
a. A flat-rate fee you must pay when receiving any kind of health care service.
b. The maximum amount of money your insurance will cover of a certain health care
service.
c. The maximum amount you will have to pay out of pocket in one year for the
benefits your insurance covers.
d. The maximum amount of money the insured party will pay toward prescription
medications.
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Transcribed Image Text:9. Define out of pocket maximum. a. A flat-rate fee you must pay when receiving any kind of health care service. b. The maximum amount of money your insurance will cover of a certain health care service. c. The maximum amount you will have to pay out of pocket in one year for the benefits your insurance covers. d. The maximum amount of money the insured party will pay toward prescription medications.
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