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deductible |
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deductible (diduk´t  bl), n 1. a stipulated sum the covered person must pay toward the cost of dental treatment before the benefits of the program go into effect. The deductible may be annual or payable only once and may vary in amount from program to program. n 2. the amount of dental expense for which the beneficiary is responsible before a third party will assume any liability for payment of benefits. Deductible may be an annual or one-time charge and may vary in amount from program to program. See also family deductible. deductible amount, n the portion of dental care expense the insured must pay before the plan's benefits begin. deductible clause, n a provision in an insurance contract stipulating that the insurer will pay only that amount that is in excess of a specified amount. |
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| amp;ldquo;The premiums are substantially lower, and with my family of five, we can go through the deductible pretty quickly,” says Willbrand, the father of three children, ages 18, 15 and 12. What high deductible health plans look like: findings from a national survey of employers, 2005. If that person also has access to the patient's deductible payment, he or she can add $250 to the theft by telling you that the patient refused to pay the deductible because the patient was upset with the service. |
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deductible