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allowable benefits

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allowable benefits,
n.pl necessary, reasonable, and customary items of service or treatments covered in whole or in part under an insurance plan.


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LIPA works hard to find cost savings and to approve the most clinically efficient options that fit within the allowable benefits.
The network of doctors and hospitals available under the plan, premium rates and the allowable benefits all factor into the insurance decision, Tritt said.
This case involves how Boeing's research and development (R&D) expenses should be allocated to the revenues generated by its export sales of commercial aircraft for purposes of determining its allowable benefits under the DISC and FSC provisions.
 
 
 
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